October 27, 2022
<style type="text/css"> /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prngen2{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen8{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen14{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen5{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen22{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen10{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen29{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 3PT double; BORDER-LEFT:black 1pt } .prngen13{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen9{ PADDING-RIGHT:0.50em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen27{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen3{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen23{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen11{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen20{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen28{ PADDING-RIGHT:0.50em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen4{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen17{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen24{ PADDING-RIGHT:0.83em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen21{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 3PT double; BORDER-LEFT:black 1pt } .prngen16{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen26{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 3PT double; BORDER-LEFT:black 1pt } .prngen15{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen30{ PADDING-RIGHT:0.50em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 3PT double; BORDER-LEFT:black 1pt } .prngen32{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen19{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen25{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen6{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen18{ PADDING-RIGHT:0.33em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt } .prngen7{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prngen12{ PADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt } .prnrbrb1{ BORDER-RIGHT:black 1pt } .prnsblb1{ BORDER-LEFT:black 1pt } .prnml4{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT } .prnml40{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:3.33em !IMPORTANT } .prnml20{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:1.67em !IMPORTANT } .prntac{ TEXT-ALIGN: CENTER } .prnml30{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:2.50em !IMPORTANT } .prnpl2{ PADDING-LEFT:0.17em } .prnsbtb1{ BORDER-TOP:black 1pt } .prnpr2{ PADDING-RIGHT:0.17em } .prnbcc{ BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black } .prnml10{ MARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.83em !IMPORTANT } .prntal{ TEXT-ALIGN: LEFT } .prnvab{ VERTICAL-ALIGN: BOTTOM } .prnsbbb1{ BORDER-BOTTOM:black 1pt } </style> <p><span class="legendSpanClass"><span class="xn-location">MADISON, N.J.</span></span>, <span class="legendSpanClass"><span class="xn-chron">Oct. 27, 2022</span></span> /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS) ("Anywhere" or the "Company"), a global leader in residential real estate services, today reported financial results for the quarter ended <span class="xn-chron">September 30, 2022</span>.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> </p> </div> <p>"In the third quarter Anywhere delivered meaningful profitability, even with an increasingly challenging housing backdrop," said <b><span class="xn-person">Ryan Schneider</span></b>, Anywhere president and CEO. "I believe Anywhere is well-positioned to lead through the current environment and into the future as we continue to strategically invest to grow our core business and simplify the consumer experience."</p> <p>"We are on course this year to realize our cost savings target, proactively redeem our 2023 debt maturities, and integrate our brokerage and title operations, all of which strengthen the foundation of our business and improve our cost basis," said <b><span class="xn-person">Charlotte Simonelli</span></b>, Anywhere executive vice president, chief financial officer, and treasurer. "Our third quarter's results demonstrated our profit delivery even in a challenging part of housing market."</p> <p><b>Third Quarter 2022 Highlights</b></p> <ul type="disc"><li>Generated Revenue of <span class="xn-money">$1.8 billion</span>, a decrease of 17% year-over-year, largely impacted by lower homesale transaction volume and the absence of <span class="xn-money">$99 million</span> of revenue at Title Group due to the sale of the Title Insurance Underwriter during the first quarter of 2022.</li><li>Reported Net income of <span class="xn-money">$55 million</span>, a decrease of <span class="xn-money">$59 million</span> vs. prior year, and basic earnings per share of <span class="xn-money">$0.49</span>.</li><li>Generated Operating EBITDA of <span class="xn-money">$166 million</span>, a decrease of <span class="xn-money">$107 million</span> year-over-year (See Table 5a), primarily due to lower homesale transaction volume and an increase in legal accruals.</li><li>On track to deliver the previously committed permanent and temporary cost savings of <span class="xn-money">$140 million</span> and increased the full year savings target to <span class="xn-money">$150 million</span>.</li><li>Generated Free Cash Flow of <span class="xn-money">$99 million</span> vs. <span class="xn-money">$282 million</span> for the corresponding quarter last year (See Table 7).</li><li>Combined closed transaction volume decreased 17% year-over-year.</li><li>Anywhere Advisors agent count grew 7% year-over-year on a like for like basis, the ninth consecutive quarter of sequential growth, and continued to maintain strong retention levels.</li><li>At <span class="xn-chron">September 30, 2022</span>, our Senior Secured Leverage Ratio was 0.02x (See Table 8a) and Net Debt Leverage Ratio was 3.8x (See Table <span class="xn-money">8b</span>).</li><li>On <span class="xn-chron">October 18, 2022</span>, the Company issued a notice of redemption to redeem on <span class="xn-chron">November 17, 2022</span> all of the <span class="xn-money">$340 million</span> of its outstanding 4.875% Senior Notes due 2023.</li><li>Recognized by <i>Forbes</i> magazine as one of the World's Best Employers for the second consecutive year.</li></ul><p><b>Third Quarter 2022 Financial Highlights</b></p> <p>The following table sets forth the Company's financial highlights for the periods presented (in millions, except per share data) (unaudited):</p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="7" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended September 30,</b></span></p> </td></tr><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b> Change</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>% Change</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Revenue</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,808</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,186</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (378)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(17) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Operating EBITDA <sup>1</sup></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">166</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">273</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(107)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(39)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">55</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">114</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(59)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(52)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Adjusted net income <sup>2</sup></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">66</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(54)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(45)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Earnings per share</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">0.49</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">0.98</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(0.49)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(50)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Adjusted earnings per share <sup>2</sup></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">0.59</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1.03</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(0.44)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(43)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Free Cash Flow <sup>3</sup></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">99</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">282</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(183)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(65)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net cash provided by operating activities</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 134</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 303</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (169)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(56) %</span></p> </td></tr><tr><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Select Key Drivers</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Franchise Group</b><b> <sup>4 5</sup></b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides </span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">243,494</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">316,195</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(23) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 449,313</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 427,052</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Owned Brokerage Group</b><b><sup>5</sup></b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">86,022</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">101,536</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(15) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 681,387</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 662,006</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Title Group</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Purchase title and closing units</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">35,045</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">45,011</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(22) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Refinance title and closing units</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3,339</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12,140</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(72) %</span></p> </td></tr></table></div><p>_______________</p> <p><b>Footnotes:</b></p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen11" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><sup>1</sup></span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">See Tables 5a and 5b. Operating EBITDA is defined as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of businesses, investments or other assets.</span></p> </td></tr><tr><td class="prngen11" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><sup>2</sup></span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">See Table 1a. Adjusted Net income (loss) is defined as net income (loss) before mark-to-market interest rate swap adjustments, former parent legacy items, restructuring charges, (gain) loss on the early extinguishment of debt, impairments, (gain) loss on the sale of businesses, investments or other assets and the tax effect of the foregoing adjustments. Adjusted earnings (loss) per share is Adjusted net income (loss) divided by the weighted average common and common equivalent shares outstanding.</span></p> </td></tr><tr><td class="prngen11" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><sup>3</sup></span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">See Table 7. Free Cash Flow is defined as net income (loss) attributable to Anywhere before income tax expense (benefit), income tax payments, net interest expense, cash interest payments, depreciation and amortization, capital expenditures, restructuring costs and former parent legacy costs (benefits), net of payments, impairments, (gain) loss on the sale of businesses, investments or other assets, (gain) loss on the early extinguishment of debt, working capital adjustments and relocation receivables (assets), net of change in securitization obligations.</span></p> </td></tr><tr><td class="prngen11" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><sup>4</sup></span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Includes all franchisees except for Owned Brokerage Group.</span></p> </td></tr><tr><td class="prngen11" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><sup>5</sup></span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">The Company's combined homesale transaction volume growth (transaction sides multiplied by average sale price) decreased 17% compared with the third quarter of 2021.</span></p> </td></tr></table></div><p> </p> <p><b>2022 Financial Estimates </b></p> <p>The Company's previous estimate of Operating EBITDA for full year 2022 had been in the range of <span class="xn-money">$600</span> to <span class="xn-money">$700 million</span>, which was based on an estimated decline in projected year-over-year homesale transaction volume in the range of (10)% to (20)% in the second half of 2022.</p> <p>The Company now estimates year-over-year declines in homesale transaction volume of over 25% in the fourth quarter of 2022.</p> <p>Based off this lower estimated volume, the Company does not believe it will achieve the low end of its prior estimate of Operating EBITDA for full year 2022 and is not providing a revised estimate in light of the current high degree of macroeconomic volatility, in particular with respect to factors impacting the residential real estate industry.</p> <p><b>Balance Sheet and Capital Allocation</b></p> <p>The Company ended the quarter with cash and cash equivalents of <span class="xn-money">$272 million</span>. Total corporate debt, including the short-term portion, net of cash and cash equivalents (net corporate debt), totaled <span class="xn-money">$2.6 billion</span> at September 30, 2022. The Company's Net Debt Leverage Ratio was 3.8x at September 30, 2022 (see Table <span class="xn-money">8b</span>).</p> <p>During the third quarter of 2022, the Company used cash on hand to repurchase <span class="xn-money">$7 million</span> of its 4.875% Senior Notes due 2023 in open market purchases at approximately par value, plus accrued interest to the repurchase date. As of <span class="xn-chron">September 30th</span>, <span class="xn-money">$340 million</span> of its 4.875% Senior Notes due 2023 remain outstanding. On <span class="xn-chron">October 18, 2022</span>, the Company issued a notice of redemption to redeem on <span class="xn-chron">November 17, 2022</span> all of the <span class="xn-money">$340 million</span> of its outstanding 4.875% Senior Notes due 2023 using borrowings under its Revolving Credit Facility and cash on hand. For the three months ended September 30, 2022, the Company repurchased and retired 4.9 million shares of common stock for <span class="xn-money">$52 million</span>. As of September 30, 2022, <span class="xn-money">$203 million</span> remained available for repurchase under the share repurchase program.</p> <p>A consolidated balance sheet is included as Table 2 of this press release.</p> <p><b>Investor Conference Call</b></p> <p>Today, October 27, at <span class="xn-chron">8:30 a.m. (ET)</span>, Anywhere will hold a conference call via webcast to review its Q3 2022 results and provide a business update. The webcast will be hosted by <span class="xn-person">Ryan Schneider</span>, chief executive officer and president, and <span class="xn-person">Charlotte Simonelli</span>, chief financial officer, and will conclude with an investor Q&A period with management.</p> <p>Investors may access the conference call live via webcast at ir.anywhere.re or by dialing (888) 330-3077 (toll free); international participants should dial (646) 960-0674. Please dial in at least 5 to 10 minutes prior to start time. A webcast replay also will be available on the website.</p> <p><b>About Anywhere Real Estate Inc.</b></p> <p>Anywhere Real Estate Inc. (NYSE: HOUS) is moving the real estate industry to what's next. A leader of integrated residential real estate services in the U.S., Anywhere includes franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, supporting approximately 1.5 million home transactions in 2021. The diverse Anywhere brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Anywhere fuels the productivity of its approximately 198,900 independent sales agents in the U.S. and approximately 142,500 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today's consumers. Recognized for eleven consecutive years as one of the World's Most Ethical Companies, Anywhere has also been designated a Great Place to Work four years in a row, named one of LinkedIn's 2021 Top Companies in the U.S., and honored on the Forbes list of World's Best Employers 2022.</p> <p><b>Forward-Looking Statements</b></p> <p><i>Certain statements in this press release constitute "forward-looking statements," including the information appearing under 2022 Financial Estimates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Anywhere Real Estate Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "potential" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.</i></p> <p><i>The following include some, but not all, of the factors that could affect our future results and cause actual results to differ materially from those expressed in the forward-looking statements: adverse developments or the absence of sustained improvement in the U.S. residential real estate markets, either regionally or nationally, which could include, but are not limited to factors that impact homesale transaction volume, such as: continued or accelerated declines in home sales, stagnant or declining home prices, continued or accelerated increases in mortgage rates, continued or accelerated declines in housing affordability, consumer demand or inventory, or excessive inventory; adverse developments or the absence of sustained improvement in macroeconomic conditions (such as business, economic or political conditions) on a global, domestic or local basis, which could include, but are not limited to contraction or stagnation in the U.S. economy and continued or accelerated increases in inflation; adverse developments or outcomes in current or future litigation, in particular pending antitrust litigation and litigation related to the Telephone Consumer Protection Act (TCPA); industry structure changes that disrupt the functioning of the residential real estate market; the impact of evolving competitive and consumer dynamics, including that the Company's share of the commission income generated by homesale transactions may continue to shift to affiliated independent sales agents or otherwise erode due to market factors and our ability to compete against traditional and non-traditional competitors; our ability to execute our business strategy and achieve growth, including with respect to the recruitment and retention of productive independent sales agents, attraction and retention of franchisees and development or procurement of products, services and technology that support our strategic initiatives; risks related to our substantial indebtedness and our ability, and any actions we may take, to refinance, restructure or repay our indebtedness; our ability to realize the expected benefits from our existing or future joint ventures or strategic partnerships; adverse impacts from the COVID-19 crisis or other pandemics or epidemics; risks related to our business structure, including our geographic and high-end market concentration, the operating results of our affiliated franchisees, and risks related to a loss of our largest real estate benefit program; disruption in the residential real estate brokerage industry related to listing aggregator market power and concentration; our failure or alleged failure to comply with laws, regulations and regulatory interpretations and any changes or stricter interpretations of any of the foregoing, including but not limited to (1) antitrust laws and regulations, (2) the Real Estate Settlement Procedures Act or other federal or state consumer protection or similar laws, (3) state or federal employment laws or regulations that would require reclassification of independent contractor sales agents to employee status, (4) the TCPA, and (5) privacy or data security laws and regulations; cybersecurity incidents; impairment of our goodwill and other long-lived assets; the accuracy of market forecasts and estimates; and significant fluctuation in the price of our common stock.</i></p> <p><i>Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements," "Risk Factors" and "Legal Proceedings" in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarters ended <span class="xn-chron">March 31, 2022</span> and <span class="xn-chron">June 30, 2022</span> and our Annual Report on Form 10-K for the year ended <span class="xn-chron">December 31, 2021</span>, and our other filings made from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. We undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events except as required by law.</i></p> <p><b><i>Non-GAAP Financial Measures</i></b></p> <p><i>This release includes certain non-GAAP financial measures as defined under SEC rules. As required by SEC rules, important information regarding such measures is contained in the Tables attached to this release. <span class="xn-person">See Tables</span> 1a, 8a, <span class="xn-money">8b</span> and 9 for definitions of these non-GAAP financial measures and Tables 1a, 5a, <span class="xn-money">5b</span>, 6a, <span class="xn-money">6b</span>, 7, 8a and <span class="xn-money">8b</span> for reconciliations of the historical non-GAAP financial measures to their most comparable GAAP terms.</i></p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Investor Contacts:</b></span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Media Contacts:</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Alicia Swift</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Trey Sarten</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(973) 407-4669</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(973) 407-2162</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Alicia.Swift@anywhere.re</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Trey.Sarten@anywhere.re</span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Tim Swanson</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Kyle Kirkpatrick</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(973) 407-2612</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(973) 407-5236</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Tim.Swanson@anywhere.re</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Kyle.Kirkpatrick@anywhere.re</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 1</b></span></p> </td></tr><tr><td class="prngen13" colspan="8" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions, except per share data)</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(Unaudited)</b></span></p> </td></tr><tr><td class="prngen14" colspan="8" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended </b><br/><b>September 30,</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended</b><br/><b> September 30,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Revenues</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Gross commission income</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,469</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,689</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 4,473</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 4,616</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Service revenue</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">189</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">315</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">652</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">878</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Franchise fees</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">139</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">338</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">391</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Other</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">36</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">43</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">122</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">124</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net revenues</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,808</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,186</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5,585</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">6,009</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Expenses</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Commission and other agent-related costs</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,170</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,309</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3,560</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3,567</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Operating</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">320</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">424</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,082</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,230</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Marketing</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">59</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">69</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">195</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">193</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">General and administrative</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">297</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">324</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Former parent legacy cost, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Restructuring costs, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">16</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">23</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">14</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">53</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">50</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">159</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">152</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">30</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">76</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">147</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Other (income) loss, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(140)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(17)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Total expenses</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,742</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,033</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5,348</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5,635</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Income before income taxes, equity in losses (earnings) and<br/>noncontrolling interests</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">66</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">153</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">237</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">374</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">48</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">125</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Equity in losses (earnings) of unconsolidated entities</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(11)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">16</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(52)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income</b></span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">56</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">169</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">301</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Less: Net income attributable to noncontrolling interests</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(5)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income attributable to Anywhere</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 55</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 296</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Earnings per share attributable to Anywhere shareholders:</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Basic earnings per share</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.49</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.98</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.44</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.55</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Diluted earnings per share</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.48</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.95</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.42</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.46</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Weighted average common and common equivalent shares of Anywhere outstanding:</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Basic</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">112.2</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.6</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">115.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Diluted</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">113.5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">117.0</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.2</span></p> </td></tr></table></div><p> </p> <p><b>Table 1a</b></p> <p class="prntac"><b>ANYWHERE REAL ESTATE INC.<br/></b><b>NON-GAAP RECONCILIATION<br/></b><b>ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE<br/></b><b>(In millions, except per share data)</b></p> <p>We present Adjusted net income and Adjusted earnings per share because we believe these measures are useful as supplemental measures in evaluating the performance of our operating businesses and provide greater transparency into our operating results.</p> <p>Adjusted net income (loss) is defined by us as net income (loss) before: (a) mark-to-market interest rate swap adjustments, whose fair value is subject to movements in LIBOR and the forward yield curve and therefore are subject to significant fluctuations; (b) former parent legacy items, which pertain to liabilities of the former parent for matters prior to mid-2006 and are non-operational in nature; (c) restructuring charges as a result of initiatives currently in progress; (d) impairments; (e) the (gain) loss on the early extinguishment of debt that results from refinancing and deleveraging debt initiatives; (f) the (gain) loss on the sale of businesses, investments or other assets and (g) the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are shown in the table below.</p> <p>Commencing in the first quarter of 2022, the Company revised its approach to Adjusted net income to exclude the impact of the sale of businesses, investments or other assets. Adjusted net income for the three and nine months ended <span class="xn-chron">September 30, 2021</span> have been revised to reflect this change.</p> <p>Adjusted earnings (loss) per share is Adjusted net income (loss) divided by the weighted average common and common equivalent shares outstanding.</p> <p>Set forth in the table below is a reconciliation of Net income to Adjusted net income for the three and nine months ended September 30, 2022 and 2021:</p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended<br/>September 30,</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended<br/>September 30,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income attributable to Anywhere</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 55</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 296</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Addback:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Mark-to-market interest rate swap gains</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(5)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(40)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(8)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Former parent legacy cost, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Restructuring costs, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">16</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">23</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">14</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Loss (gain) on the sale of businesses, investments or other assets, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(135)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Adjustments for tax effect (a)</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(4)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">15</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(5)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Adjusted net income attributable to Anywhere</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 66</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 120</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 125</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 308</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Earnings per share attributable to Anywhere:</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Basic earnings per share:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.49</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.98</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.44</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.55</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Diluted earnings per share:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.48</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.95</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.42</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.46</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Adjusted earnings per share attributable to Anywhere:</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Adjusted basic earnings per share:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.59</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.03</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.08</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.65</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Adjusted diluted earnings per share:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.58</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.00</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.07</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.56</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Weighted average common and common equivalent shares outstanding:</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="3" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Basic:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">112.2</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.6</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">115.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Diluted:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">113.5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">117.0</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.2</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Reflects tax effect of adjustments at the Company's blended state and federal statutory rate.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 2</b></span></p> </td></tr><tr><td class="prngen13" colspan="4" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>CONDENSED CONSOLIDATED BALANCE SHEETS</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions, except share data)</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(Unaudited)</b></span></p> </td></tr><tr><td class="prngen14" colspan="4" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b><br/><b>2022</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b><br/><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ASSETS</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Current assets:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span"> Cash and cash equivalents</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 272</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 735</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span"> Restricted cash</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span"> Trade receivables (net of allowance for doubtful accounts of $11 for both periods presented)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">165</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">123</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span"> Relocation receivables</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">248</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">139</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span"> Other current assets</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">223</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">183</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Total current assets</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">913</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,188</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Property and equipment, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">323</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">310</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Operating lease assets, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">447</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">453</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Goodwill</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,916</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,923</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Trademarks</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">687</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">687</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Franchise agreements, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">971</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,021</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other intangibles, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">156</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">171</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other non-current assets</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">600</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">457</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Total assets</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 7,013</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 7,210</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>LIABILITIES AND EQUITY</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Current liabilities:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Accounts payable</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 163</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 130</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Securitization obligations</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">169</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">118</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Current portion of long-term debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">354</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">10</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Current portion of operating lease liabilities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">125</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">128</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Accrued expenses and other current liabilities</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">531</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">666</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml40"><span class="prnews_span">Total current liabilities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,342</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,052</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Long-term debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,486</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,940</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Long-term operating lease liabilities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">403</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">417</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Deferred income taxes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">341</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">353</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other non-current liabilities</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">225</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">256</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Total liabilities</b></span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,797</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5,018</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Commitments and contingencies</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Equity:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Anywhere preferred stock: $0.01 par value; 50,000,000 shares authorized, none issued<br/>and outstanding at September 30, 2022 and December 31, 2021</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Anywhere common stock: $0.01 par value; 400,000,000 shares authorized, 109,470,581<br/>shares issued and outstanding at September 30, 2022 and 116,588,430 shares issued and<br/>outstanding at December 31, 2021</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Additional paid-in capital</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,803</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,947</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Accumulated deficit</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2,541)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2,712)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Accumulated other comprehensive loss</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(50)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(50)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml40"><span class="prnews_span">Total stockholders' equity</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,213</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,186</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Noncontrolling interests</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">6</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Total equity</b></span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,216</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,192</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Total liabilities and equity</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 7,013</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 7,210</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 3</b></span></p> </td></tr><tr><td class="prngen13" colspan="4" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions)</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(Unaudited)</b></span></p> </td></tr><tr><td class="prngen14" colspan="4" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended September 30,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Operating Activities</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net income</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 169</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 301</span></p> </td></tr><tr><td class="prngen7" colspan="2" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Adjustments to reconcile net income to net cash (used in) provided by operating activities:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">159</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">152</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Deferred income taxes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">6</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">76</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Amortization of deferred financing costs and debt discount (premium)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">7</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Gain on the sale of businesses, investments or other assets, net</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(135)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Equity in losses (earnings) of unconsolidated entities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">16</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(52)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Stock-based compensation</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">20</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Mark-to-market adjustments on derivatives</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(40)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(8)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Other adjustments to net income</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td></tr><tr><td class="prngen7" colspan="4" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Trade receivables</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(44)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(13)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Relocation receivables</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(112)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(46)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Other assets</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(50)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(12)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Accounts payable, accrued expenses and other liabilities</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(139)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">32</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Dividends received from unconsolidated entities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">49</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(22)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(31)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net cash (used in) provided by operating activities</b></span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(71)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">489</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Investing Activities</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Property and equipment additions</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(83)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(71)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Payments for acquisitions, net of cash acquired</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(17)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net proceeds from the sale of businesses</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">63</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">15</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Investment in unconsolidated entities</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(18)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(7)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Proceeds from the sale of investments in unconsolidated entities</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">13</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other, net</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net cash used in investing activities</b></span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(25)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(68)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Financing Activities</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Repayments of Term Loan A Facility and Term Loan B Facility</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1,490)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Proceeds from issuance of Senior Notes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,000</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">905</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Redemption of Senior Secured Second Lien Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(550)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Redemption of Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(550)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Repurchase of Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(67)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Proceeds from issuance of Exchangeable Senior Notes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">403</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Payments for purchase of Exchangeable Senior Notes hedge transactions</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(67)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Proceeds from issuance of Exchangeable Senior Notes warrant transactions</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">46</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Amortization payments on term loan facilities</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(7)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(8)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net change in securitization obligations</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">40</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Debt issuance costs</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(22)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(20)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Cash paid for fees associated with early extinguishment of debt</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(80)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(11)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Repurchase of common stock</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(97)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Taxes paid related to net share settlement for stock-based compensation</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(16)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(9)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Other, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(29)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(27)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net cash used in financing activities</b></span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(367)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(238)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Effect of changes in exchange rates on cash, cash equivalents and restricted cash</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net (decrease) increase in cash, cash equivalents and restricted cash</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(466)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">183</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Cash, cash equivalents and restricted cash, beginning of period</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">743</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">523</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Cash, cash equivalents and restricted cash, end of period</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 277</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 706</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Supplemental Disclosure of Cash Flow Information</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Interest payments (including securitization interest of $4 and $3 respectively)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 123</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 121</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax payments, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">61</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">32</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="12" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 4a</b></span></p> </td></tr><tr><td class="prngen8" colspan="12" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen8" colspan="12" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="12" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>2022 vs. 2021 KEY DRIVERS</b></span></p> </td></tr><tr><td class="prngen2" colspan="12" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="5" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended September 30,</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="5" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended September 30,</b></span></p> </td></tr><tr><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen22" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen23" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen24" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen23" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>% Change</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen24" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen23" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen24" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen23" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>% Change</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Brands - Franchise Group (a)</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">243,494</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">316,195</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(23) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">724,858</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">881,356</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(18) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 449,313</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 427,052</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 458,767</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 419,223</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">9 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale broker commission rate</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.44 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"> (1) bps</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.46 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"> (3) bps</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net royalty per side</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 422</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 401</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 429</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 402</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">7 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Advisors - Owned Brokerage Group</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">86,022</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">101,536</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(15) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">253,422</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">280,474</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(10) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 681,387</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 662,006</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 708,719</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 654,113</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale broker commission rate</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.40 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.42 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"> (2) bps</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.40 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"> (3) bps</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Gross commission income per side</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 17,070</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 16,633</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 17,649</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 16,457</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">7 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Integrated Services - Title Group</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Purchase title and closing units (b)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">35,045</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">45,011</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(22) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">107,395</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">123,076</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(13) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Refinance title and closing units (c)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3,339</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12,140</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(72) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">16,119</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">45,676</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(65) %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average fee per closing unit (d)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 3,127</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,801</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 3,149</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,632</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">20 %</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Includes all franchisees except for Owned Brokerage Group.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Purchase title and closing units for the three and nine months ended September 30, 2021 were revised to reflect a decrease of 1,993 and 5,131 units, respectively. The change was for the number of units only and did not impact revenue.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Refinance title and closing units for the three and nine months ended September 30, 2021 were revised to reflect a decrease of 696 and 2,099 units, respectively. The change was for the number of units only and did not impact revenue.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">With the change in units noted above, Average fee per closing unit for the three and nine months ended September 30, 2021 was updated to reflect an increase of $126 and $108 per closing unit, respectively.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="10" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 4b</b></span></p> </td></tr><tr><td class="prngen8" colspan="10" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="10" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>2021 KEY DRIVERS</b></span></p> </td></tr><tr><td class="prngen2" colspan="10" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Quarter Ended</b></span></p> </td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Year Ended</b></span></p> </td></tr><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>March 31,</b><br/><b>2021</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>June 30,</b><br/><b>2021</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b><br/><b>2021</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen6" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b><br/><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b><br/><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Brands - Franchise Group (a)</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">244,698</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">320,463</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">316,195</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">281,680</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,163,036</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 394,000</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 430,756</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 427,052</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 440,751</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 424,436</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale broker commission rate</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.47 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.46 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.44 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.45 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net royalty per side</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 382</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 418</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 401</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 421</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 406</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Advisors - Owned Brokerage Group</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Closed homesale sides</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">74,993</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">103,945</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">101,536</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">90,661</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">371,135</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale price</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 608,960</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 678,978</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 662,006</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 667,188</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 657,307</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average homesale broker commission rate</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.43 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.42 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.41 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2.42 %</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Gross commission income per side</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 15,393</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 17,053</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 16,633</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 16,573</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 16,486</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Anywhere Integrated Services - Title Group</b></span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Purchase title and closing units (b)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">32,502</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">45,563</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">45,011</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">40,111</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">163,187</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Refinance title and closing units (c)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">19,806</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">13,730</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12,140</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">10,999</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">56,675</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Average fee per closing unit (d)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,348</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,720</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,801</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,962</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,709</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Includes all franchisees except for Owned Brokerage Group.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Purchase title and closing units for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 were revised to reflect a decrease of 1,326, 1,812 and 1,993 units, respectively. The change was for the number of units only and did not impact revenue.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Refinance title and closing units for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 were revised to reflect a decrease of 661, 742 and 696 units, respectively. The change was for the number of units only and did not impact revenue.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">With the change in units noted above, Average fee per closing unit for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 was updated to reflect an increase of $86, $112 and $126, respectively.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 5a</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b><br/><b>NON-GAAP RECONCILIATION - OPERATING EBITDA<br/>THREE MONTHS ENDED SEPTEMBER 30, 2022 AND 2021<br/>(In millions)<br/></b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Set forth in the table below is a reconciliation of Net income attributable to Anywhere to Operating EBITDA for the three-month periods ended September 30, 2022 and 2021:</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr></table></div><div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="3" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended September 30,</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen6" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen25" colspan="1" rowspan="1"><br/></td><td class="prngen6" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 55</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">48</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Income before income taxes</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">63</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">162</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Add: Depreciation and amortization</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">53</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">50</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">30</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">52</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Restructuring costs, net (a)</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">16</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Impairments (b)</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Former parent legacy cost, net (c)</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Loss on the early extinguishment of debt (c)</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Loss on the sale of businesses, investments or other assets, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Operating EBITDA</span></p> </td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 273</span></p> </td></tr></table></div><p> </p> <p>The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments:</p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Revenues (d)</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>$ <br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>%</b></span></p> <p class="prnml4"><span class="prnews_span"><b>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Operating<br/>EBITDA</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>$<br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>% <br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Operating EBITDA<br/>Margin</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Change</b></span></p> </td></tr><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen27" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen22" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen27" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 306</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 342</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (36)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(11) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 202</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 211</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (9)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(4) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">66 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">62 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,486</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,705</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(219)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(13)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(52)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(102)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Title Group (e)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">113</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">250</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(137)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(55)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">9</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">54</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(45)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(83)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">22</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(97)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(111)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen22" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">14</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(44)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(43)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Total Company</span></p> </td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,808</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,186</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen30" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (378)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(17) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 273</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen30" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (107)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(39) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">9 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="2" rowspan="1"><p class="prnml4"><span class="prnews_span">Restructuring charges incurred for the three months ended September 30, 2022 include $2 million at Franchise Group, $8 million at Owned Brokerage Group and $6 million at Corporate and Other. Restructuring charges incurred for the three months ended September 30, 2021 include $1 million at Franchise Group, $2 million at Owned Brokerage Group and $1 million at Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="2" rowspan="1"><p class="prnml4"><span class="prnews_span">Non-cash impairments for the three months ended September 30, 2022 primarily relate to lease asset and software impairments and for the three months ended September 30, 2021 primarily relate to software impairments.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="2" rowspan="1"><p class="prnml4"><span class="prnews_span">Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="2" rowspan="1"><p class="prnml4"><span class="prnews_span">Revenues include the elimination of transactions between segments, which consists of intercompany royalties and marketing fees paid by Owned Brokerage Group of $97 million and $111 million during the three months ended September 30, 2022 and 2021, respectively, and are eliminated through the Corporate and Other line.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><br/></td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group includes our title, escrow and settlement services (title agency) businesses, our minority-owned mortgage origination joint venture and our minority-owned Title Insurance Underwriter Joint Venture. The sale of the Title Underwriter on March 29, 2022 resulted in declines of $99 million in underwriter revenue and $17 million in Operating EBITDA in the third quarter of 2022 as compared to the third quarter of 2021, with $2 million of equity in earnings attributable to the Title Insurance Underwriter Joint Venture partially offsetting the decline in earnings. The Operating EBITDA contribution from our mortgage origination joint venture declined $14 million from earnings of $11 million for the three-month period ended September 30, 2021 to losses of $3 million for the three-month period ended September 30, 2022.</span></p> </td></tr></table></div><p> </p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 5b</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.<br/></b><b>NON-GAAP RECONCILIATION - OPERATING EBITDA<br/></b><b>NINE MONTHS ENDED SEPTEMBER 30, 2022 AND 2021<br/></b><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Set forth in the table below is a reconciliation of Net income attributable to Anywhere to Operating EBITDA for the nine-month periods ended September 30, 2022 and 2021:</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr></table></div><div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended September 30,</b></span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 296</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">125</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income before income taxes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">218</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">421</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Add: Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">159</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">152</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">76</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">147</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Restructuring costs, net (a)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">23</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">14</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Impairments (b)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Former parent legacy cost, net (c)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Loss on the early extinguishment of debt (c)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml30"><span class="prnews_span">Gain on the sale of businesses, investments or other assets, net (d)</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(135)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Operating EBITDA</span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 437</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 745</span></p> </td></tr></table></div><p> </p> <p>The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments:</p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Revenues (e)</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>$<br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>% </b></span></p> <p class="prnml4"><span class="prnews_span"><b>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Operating<br/>EBITDA</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>$<br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>%<br/>Change</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Operating<br/>EBITDA Margin</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="2" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Change</b></span></p> </td></tr><tr><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen27" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen27" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen27" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen5" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen4" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen2" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 912</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 943</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (31)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 544</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 576</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (32)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(6) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">60 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">61 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,525</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,667</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(142)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(30)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(146)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(126)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Title Group</span><span class="prnews_span"> (f)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">447</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">706</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(259)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(37)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">27</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">170</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(143)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(84)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">6</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">24</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(18)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(299)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(307)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen22" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(104)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen28" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(117)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen22" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">13</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">11</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Total Company</span></p> </td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 5,585</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 6,009</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen30" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (424)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(7) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 437</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen29" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 745</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen30" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (308)</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(41) %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12 %</span></p> </td><td class="prngen8" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen9" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(4)</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Restructuring charges incurred for the nine months ended September 30, 2022 include $4 million at Franchise Group, $11 million at Owned Brokerage Group and $8 million at Corporate and Other. Restructuring charges incurred for the nine months ended September 30, 2021 include $4 million at Franchise Group, $6 million at Owned Brokerage Group and $4 million at Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Non-cash impairments for the nine months ended September 30, 2022 and 2021 primarily relate to software and lease asset impairments.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Gain on the sale of businesses, investments or other assets, net for the nine months ended September 30, 2022 is recorded in Title Group and related to the sale of the Title Underwriter during the first quarter of 2022 and the sale of a portion of the Company's ownership in the Title Insurance Underwriter Joint Venture during the second quarter of 2022. Gain on the sale of businesses, investments or other assets, net for the nine months ended September 30, 2021 is primarily recorded in Owned Brokerage Group.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Revenues include the elimination of transactions between segments, which consists of intercompany royalties and marketing fees paid by Owned Brokerage Group of $299 million and $307 million during the nine months ended September 30, 2022 and 2021, respectively, and are eliminated through the Corporate and Other line.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(f)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group includes our title, escrow and settlement services (title agency) businesses, our minority-owned mortgage origination joint venture and our minority-owned Title Insurance Underwriter Joint Venture. The sale of the Title Underwriter resulted in declines of $207 million in underwriter revenue and $45 million in Operating EBITDA during the nine months ended September 30, 2022 compared to the same period in 2021, with $5 million of equity in earnings attributable to the Title Insurance Underwriter Joint Venture partially offsetting the decline in earnings. The Operating EBITDA contribution from the mortgage origination joint venture declined $61 million from earnings of $49 million for the nine-month period ended September 30, 2021 to losses of $12 million for the nine-month period ended September 30, 2022. The decline was primarily driven by significantly higher mortgage rates and margin compression.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="6" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 6a</b></span></p> </td></tr><tr><td class="prngen13" colspan="6" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="6" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>SELECTED 2022 FINANCIAL DATA</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen13" colspan="6" rowspan="1"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="5" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>March 31,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>June 30,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>September 30,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Net revenues (a)</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 267</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 339</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 306</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,264</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,775</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,486</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">190</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">144</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">113</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(86)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(116)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(97)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1,635</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 2,142</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1,808</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Operating EBITDA</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 138</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 204</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 202</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(40)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">11</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">21</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">9</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(26)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(34)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(44)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 69</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 202</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Non-GAAP Reconciliation - Operating EBITDA</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Total Company Operating EBITDA</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 69</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 202</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Less: Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">55</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">53</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">18</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">28</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">30</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">12</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">32</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">8</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Restructuring costs, net (b)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">16</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Impairments (c)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Former parent legacy cost, net (d)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Loss on the early extinguishment of debt (d)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Gain on the sale of businesses, investments or other assets, net (e)</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(131)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(4)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere</span></p> </td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 23</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 88</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 55</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $86 million, $116 million and $97 million for the three months ended March 31, 2022, June 30, 2022 and September 30, 2022, respectively. Such amounts are eliminated through Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Includes restructuring charges broken down by business unit as follows:</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="5" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>March 31,</b></span></p> </td><td class="prngen25" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>June 30,</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>September 30,</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 2</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">8</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">6</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 4</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 3</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 16</span></p> </td></tr></table></div><div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><br/></td><td class="prngen12" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Non-cash impairments for the three months ended March 31, 2022, June 30, 2022 and September 30, 2022 primarily relate to lease asset and software impairments.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Former parent legacy items and Loss on the early extinguishment of debt is recorded in Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Gain on the sale of businesses, investments or other assets, net is recorded in Title Group related to the sale of the Title Underwriter during the first quarter of 2022 and the sale of a portion of the Company's ownership in the Title Insurance Underwriter Joint Venture during the second quarter of 2022.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="10" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 6b</b></span></p> </td></tr><tr><td class="prngen13" colspan="10" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="10" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>SELECTED 2021 FINANCIAL DATA</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen14" colspan="10" rowspan="1"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="7" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Year Ended</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>March 31,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>June 30,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>September 30,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Net revenues (a)</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 254</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 347</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 342</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 306</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1,249</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,171</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,791</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,705</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1,522</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">6,189</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">201</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">255</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">250</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">246</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">952</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(79)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(117)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(111)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(100)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(407)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1,547</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 2,276</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 2,186</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1,974</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 7,983</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Operating EBITDA</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 141</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 224</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 211</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 175</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 751</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(5)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">70</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(7)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">109</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Title Group</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">61</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">55</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">54</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">30</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">200</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(35)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(39)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(43)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(41)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(158)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 162</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 310</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 273</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 157</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 902</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Non-GAAP Reconciliation - Operating EBITDA</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Total Company Operating EBITDA</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 162</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 310</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 273</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 157</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 902</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Less: Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">50</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">204</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">38</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">57</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">43</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">190</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Income tax expense </span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">60</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">48</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">133</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Restructuring costs, net (b)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">5</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">5</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">17</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Impairments (c)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Former parent legacy cost, net (d)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">Loss on the early extinguishment of debt (d)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml30"><span class="prnews_span">(Gain) loss on the sale of businesses, investments or<br/>other assets, net (e)</span></p> </td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(15)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(11)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere</span></p> </td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 33</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 149</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 47</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 343</span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Transactions between segments are eliminated in consolidation. Revenues for Franchise Group include intercompany royalties and marketing fees paid by Owned Brokerage Group of $79 million, $117 million, $111 million and $100 million for the three months ended March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021, respectively. Such amounts are eliminated through Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Includes restructuring charges broken down by business unit as follows:</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="7" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Year Ended</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>March 31,</b></span></p> </td><td class="prngen25" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>June 30,</b></span></p> </td><td class="prngen25" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>September 30,</b></span></p> </td><td class="prngen25" colspan="1" rowspan="1"><br/></td><td class="prngen25" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen3" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Franchise Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 5</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Owned Brokerage Group</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">7</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Corporate and Other</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">5</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml20"><span class="prnews_span">Total Company</span></p> </td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 5</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 5</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 4</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 3</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 17</span></p> </td></tr></table></div><div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><br/></td><td class="prngen12" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Impairments for the three months ended March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021 primarily relate to software and lease asset impairments.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Former parent legacy items and Loss on the early extinguishment of debt are recorded in Corporate and Other.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Gain) loss on the sale of businesses, investments or other assets, net is primarily recorded in Owned Brokerage Group.</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="10" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Table 6c</b></span></p> </td></tr><tr><td class="prngen13" colspan="10" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen3" colspan="10" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.</b></span></p> <p class="prnml4"><span class="prnews_span"><b>2021 CONSOLIDATED STATEMENTS OF OPERATIONS</b></span></p> <p class="prnml4"><span class="prnews_span"><b>(In millions, except per share data)</b></span></p> </td></tr><tr><td class="prngen14" colspan="10" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="7" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Year Ended</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>March 31,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen25" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>June 30,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen25" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen25" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Revenues</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Gross commission income</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,154</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,773</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,689</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1,502</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 6,118</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Service revenue</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">249</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">314</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">315</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">302</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,180</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Franchise fees</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">105</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">147</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">139</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">130</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">521</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Other</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">39</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">42</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">43</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">40</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">164</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net revenues</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,547</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,276</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,186</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,974</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">7,983</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Expenses</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Commission and other agent-related costs</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">885</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,373</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,309</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,186</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4,753</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Operating</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">384</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">422</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">424</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">439</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,669</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Marketing</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">58</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">66</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">69</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">70</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">263</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">General and administrative</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">90</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">117</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">441</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Former parent legacy cost, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Restructuring costs, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">50</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">204</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">38</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">57</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">43</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">190</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Other (income) expense, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(16)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(15)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Total expenses</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,527</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,075</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,033</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,913</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">7,548</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Income before income taxes, equity in (earnings) losses and<br/>noncontrolling interests</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">20</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">201</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">153</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">61</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">435</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">60</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">48</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">133</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Equity in (earnings) losses of unconsolidated entities</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(31)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(10)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(11)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(48)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income</b></span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">34</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">151</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">49</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">350</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Less: Net income attributable to noncontrolling interests</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(1)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(7)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income attributable to Anywhere</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 33</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 149</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 47</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 343</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Earnings per share attributable to Anywhere shareholders:</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Basic earnings per share</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.28</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.28</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.98</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.40</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.95</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Diluted earnings per share</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.28</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 1.25</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.95</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 0.39</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2.85</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Weighted average common and common equivalent shares of Anywhere outstanding:</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Basic</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">115.9</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.5</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.6</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.6</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">116.4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Diluted</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">118.4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">119.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">120.2</span></p> </td></tr></table></div><p> </p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 7</b></span></p> </td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>ANYWHERE REAL ESTATE INC.<br/></b><b>NON-GAAP RECONCILIATION - FREE CASH FLOW<br/></b><b>THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2022 AND 2021<br/></b><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">A reconciliation of net income attributable to Anywhere to Free Cash Flow is set forth in the following table:</span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1"><br/></td></tr></table></div><div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended<br/>September 30,</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="3" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended<br/>September 30,</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen16" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen17" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen18" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Net income attributable to Anywhere</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 55</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 114</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 296</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">48</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">125</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax payments</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(17)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(19)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(61)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(32)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">30</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">76</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">147</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Cash interest payments</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(33)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(38)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(123)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(121)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">53</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">50</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">159</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">152</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Capital expenditures</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(27)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(21)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(83)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(71)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Restructuring costs and former parent legacy items, net of payments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">12</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">11</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(8)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Loss (gain) on the sale of businesses, investments or other assets, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(135)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Working capital adjustments</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">73</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(202)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(34)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Relocation receivables (assets), net of securitization obligations</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(61)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(6)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Free Cash Flow</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 99</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 282</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen26" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ (106)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen21" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 458</span></p> </td></tr></table></div><p> </p> <div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prnpr2 prnpl2 prnvab prntal prnsbtb1 prnrbrb1 prnsbbb1 prnsblb1" colspan="8" rowspan="1"><p class="prnml4"><span class="prnews_span">A reconciliation of net cash provided by (used in) operating activities to Free Cash Flow is set forth in the following table:</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="3" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="3" rowspan="1"><br/></td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="3" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Three Months Ended<br/>September 30,</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen15" colspan="3" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Nine Months Ended<br/>September 30,</b></span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen32" colspan="1" rowspan="1"><br/></td><td class="prngen18" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen16" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2022</b></span></p> </td><td class="prngen32" colspan="1" rowspan="1"><br/></td><td class="prngen18" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>2021</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Net cash provided by (used in) operating activities</b></span></p> </td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 134</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 303</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (71)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 489</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Property and equipment additions</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(27)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(21)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(83)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(71)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net change in securitization obligations</span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(6)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">51</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">40</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Effect of exchange rates on cash, cash equivalents and restricted cash</span></p> </td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(2)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen20" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(3)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen19" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">—</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Free Cash Flow</b></span></p> </td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 99</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 282</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen26" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (106)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen21" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ 458</span></p> </td></tr><tr><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen13" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Net cash used in investing activities</b></span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (32)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (17)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (25)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (68)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Net cash used in financing activities</b></span></p> </td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (85)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (446)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (367)</span></p> </td><td class="prngen13" colspan="1" rowspan="1"><br/></td><td class="prngen10" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">$ (238)</span></p> </td></tr></table></div><p> </p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 8a</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>NON-GAAP RECONCILIATION - SENIOR SECURED LEVERAGE RATIO<br/></b><b>FOR THE FOUR-QUARTER PERIOD ENDED SEPTEMBER 30, 2022<br/></b><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">The senior secured leverage ratio is tested quarterly pursuant to the terms of the senior secured credit facilities*. For the trailing four-quarter period ended September 30, 2022, Anywhere Real Estate Group LLC ("Anywhere Group") was required to maintain a senior secured leverage ratio not to exceed 4.75 to 1.00. The senior secured leverage ratio is measured by dividing Anywhere Group's total senior secured net debt by the trailing four-quarters EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement. Total senior secured net debt does not include our unsecured indebtedness, including the Unsecured Notes and Exchangeable Senior Notes, or the securitization obligations. EBITDA calculated on a Pro Forma Basis, as defined in the Senior Secured Credit Agreement, includes adjustments to Operating EBITDA for retention and disposition costs, non-cash charges and incremental securitization interest costs, as well as pro forma cost savings for restructuring initiatives, the pro forma effect of business optimization initiatives and the pro forma effect of acquisitions and new franchisees, in each case calculated as of the beginning of the trailing four-quarter period. The Company was in compliance with the senior secured leverage ratio covenant at September 30, 2022 with a ratio of 0.02 to 1.00.</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">A reconciliation of net income attributable to Anywhere Group to Operating EBITDA and EBITDA calculated on a Pro Forma Basis, as those terms are defined in the Senior Secured Credit Agreement, for the four-quarter period ended September 30, 2022 is set forth in the following table:</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr></table></div><div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Less</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Equals</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Plus</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Equals</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Year Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months<br/>Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Three Months<br/>Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Nine Months<br/>Ended</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen3" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>Twelve Months </b><br/><b>Ended</b></span></p> </td></tr><tr><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b><br/><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b><br/><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>December 31,</b><br/><b>2021</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b><br/><b>2022</b></span></p> </td><td class="prngen14" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>September 30,</b><br/><b>2022</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere Group (a)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 343</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 296</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 47</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 166</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 213</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income tax expense</span></p> </td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">133</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">125</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">8</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">60</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Income before income taxes</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">476</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">421</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">55</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">218</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">273</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Depreciation and amortization</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">204</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">152</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">52</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">159</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">211</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Interest expense, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">190</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">147</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">43</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">76</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">119</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Restructuring costs, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">17</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">14</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">23</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">26</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Impairments</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Former parent legacy cost, net</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Loss on the early extinguishment of debt</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">21</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">—</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">92</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(Gain) loss on the sale of businesses, investments<br/>or other assets, net</span></p> </td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(11)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(14)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">3</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(135)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">(132)</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b><i>Operating EBITDA (b)</i></b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">902</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">745</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">157</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">437</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">594</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Bank covenant adjustments:</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Pro forma effect of business optimization initiatives (c)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">48</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Non-cash charges (d)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">28</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Pro forma effect of acquisitions and new franchisees (e)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">10</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml20"><span class="prnews_span">Incremental securitization interest costs (f)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b><i>EBITDA as defined by the Senior Secured Credit Agreement*</i></b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen19" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 685</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Total senior secured net debt (g)</span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 12</span></p> </td></tr><tr><td class="prngen7" colspan="8" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b><i>Senior secured leverage ratio*</i></b></span></p> </td><td class="prngen13" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b> 0.02 x</b></span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net income attributable to Anywhere Group consists of: (i) income of $47 million for the fourth quarter of 2021, (ii) income of $23 million for the first quarter of 2022, (iii) income of $88 million for the second quarter of 2022 and (iv) income of $55 million for the third quarter of 2022.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(b)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Operating EBITDA consists of: (i) $157 million for the fourth quarter of 2021, (ii) $69 million for the first quarter of 2022, (iii) $202 million for the second quarter of 2022 and (iv) $166 million for the third quarter of 2022.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(c)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Represents the four-quarter pro forma effect of business optimization initiatives.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(d)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Represents the elimination of non-cash expenses including $28 million of stock-based compensation expense, $4 million of foreign exchange expense and $3 million for the change in the allowance for doubtful accounts and notes reserves less $7 million of other items for the four-quarter period ended September 30, 2022.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(e)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Represents the estimated impact of acquisitions and franchise sales activity, net of brokerages that exited our franchise system as if these changes had occurred on October 1, 2021. Franchisee sales activity is comprised of new franchise agreements as well as growth through acquisitions and independent sales agent recruitment by existing franchisees with our assistance. We have made a number of assumptions in calculating such estimates and there can be no assurance that we would have generated the projected levels of Operating EBITDA had we owned the acquired entities or entered into the franchise contracts as of October 1, 2021.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(f)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Incremental borrowing costs incurred as a result of the securitization facilities refinancing for the twelve months ended September 30, 2022.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(g)</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Represents total borrowings under the senior secured credit facilities (including the Revolving Credit Facility) and Term Loan A Facility and borrowings secured by a first priority lien on our assets of $225 million plus $24 million of finance lease obligations less $237 million of readily available cash as of September 30, 2022. Pursuant to the terms of our senior secured credit facilities, total senior secured net debt does not include our securitization obligations or unsecured indebtedness, including the Unsecured Notes and Exchangeable Senior Notes.</span></p> </td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><br/></td><td class="prngen11" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">*</span></p> </td><td class="prngen12" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Our senior secured credit facilities include the facilities under our Amended and Restated Credit Agreement dated as of March 5, 2013, as amended from time to time (the "Senior Secured Credit Agreement"), and the Term Loan A Agreement dated as of October 23, 2015 (the "Term Loan A Agreement"), as amended from time to time. Our Unsecured Notes include our 4.875% Senior Notes due 2023, 5.75% Senior Notes due 2029 and 5.25% Senior Notes due 2030. Exchangeable Senior Notes refers to our 0.25% Exchangeable Senior Notes due 2026.</span></p> </td></tr></table></div><p> </p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>Table 8b</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen3" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span"><b>NET DEBT LEVERAGE RATIO<br/></b><b>FOR THE FOUR-QUARTER PERIOD ENDED SEPTEMBER 30, 2022<br/></b><b>(In millions)</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">Net corporate debt (excluding securitizations) divided by EBITDA calculated on a Pro Forma Basis, as those terms are defined in the senior secured credit facilities, for the four-quarter period ended September 30, 2022 (referred to as net debt leverage ratio) is set forth in the following table:</span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1"><br/></td></tr></table></div><div><table border="1" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen15" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b>As of September 30, 2022</b></span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Revolving Credit Facility</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ —</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Extended Term Loan A</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">225</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">4.875% Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">340</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5.75% Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">900</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">5.25% Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">1,000</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">0.25% Exchangeable Senior Notes</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">403</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Finance lease obligations</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">24</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Corporate Debt (excluding securitizations)</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">2,892</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml10"><span class="prnews_span">Less: Cash and cash equivalents</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">272</span></p> </td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">Net Corporate Debt (excluding securitizations)</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 2,620</span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">EBITDA as defined by the Senior Secured Credit Agreement (a)</span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen20" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span">$ 685</span></p> </td></tr><tr><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td></tr><tr><td class="prngen7" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b><i>Net Debt Leverage Ratio (b)</i></b></span></p> </td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><br/></td><td class="prngen10" colspan="1" rowspan="1" nowrap="nowrap"><p class="prnml4"><span class="prnews_span"><b> 3.8 x</b></span></p> </td></tr></table></div><p>_______________</p> <div><table border="0" cellspacing="0" cellpadding="0" class="prnbcc"><tr><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">(a)</span></p> </td><td class="prngen7" colspan="1" rowspan="1"><p class="prnml4"><span class="prnews_span">See Table 8a for a reconciliation of Net income attributable to Anywhere Group to EBITDA as defined by the Senior Secured Credit Agreement.</span></p> </td></tr></table></div><p> </p> <p><b>Table 9</b></p> <p><b>Non-GAAP Definitions </b></p> <p>Adjusted net income (loss) is defined by us as net income (loss) before mark-to-market interest rate swap adjustments, former parent legacy items, restructuring charges, the (gain) loss on the early extinguishment of debt, impairments, the (gain) loss on the sale of businesses, investments or other assets and the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are presented.</p> <p>Operating EBITDA is defined by us as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of businesses, investments or other assets. Operating EBITDA is our primary non-GAAP measure.</p> <p>We present Operating EBITDA because we believe it is useful as a supplemental measure in evaluating the performance of our operating businesses and provides greater transparency into our results of operations. Our management, including our chief operating decision maker, uses Operating EBITDA as a factor in evaluating the performance of our business. Operating EBITDA should not be considered in isolation or as a substitute for net income or other statement of operations data prepared in accordance with GAAP.</p> <p>We believe Operating EBITDA facilitates company-to-company operating performance comparisons by backing out potential differences caused by variations in capital structures (affecting net interest expense), taxation, the age and book depreciation of facilities (affecting relative depreciation expense) and the amortization of intangibles, as well as other items that are not core to the operating activities of the Company such as restructuring charges, gains or losses on the early extinguishment of debt, former parent legacy items, impairments, gains or losses on discontinued operations and gains or losses on the sale of businesses, investments or other assets, which may vary for different companies for reasons unrelated to operating performance. We further believe that Operating EBITDA is frequently used by securities analysts, investors and other interested parties in their evaluation of companies, many of which present an Operating EBITDA measure when reporting their results.</p> <p>Operating EBITDA has limitations as an analytical tool, and you should not consider Operating EBITDA either in isolation or as a substitute for analyzing our results as reported under GAAP. Some of these limitations are:</p> <ul type="disc"><li>this measure does not reflect changes in, or cash required for, our working capital needs;</li><li>this measure does not reflect our interest expense (except for interest related to our securitization obligations), or the cash requirements necessary to service interest or principal payments on our debt;</li><li>this measure does not reflect our income tax expense or the cash requirements to pay our taxes;</li><li>this measure does not reflect historical cash expenditures or future requirements for capital expenditures or contractual commitments;</li><li>although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often require replacement in the future, and this measure does not reflect any cash requirements for such replacements; and</li><li>other companies may calculate this measure differently so they may not be comparable.</li></ul><p>Free Cash Flow is defined as net income (loss) attributable to Anywhere before income tax expense (benefit), income tax payments, interest expense, net, cash interest payments, depreciation and amortization, capital expenditures, restructuring costs and former parent legacy costs (benefits), net of payments, impairments, (gain) loss on the sale of businesses, investments or other assets, (gain) loss on the early extinguishment of debt, working capital adjustments and relocation receivables (assets), net of change in securitization obligations. We use Free Cash Flow in our internal evaluation of operating effectiveness and decisions regarding the allocation of resources, as well as measuring the Company's ability to generate cash. Since Free Cash Flow can be viewed as both a performance measure and a cash flow measure, the Company has provided a reconciliation to both net income attributable to Anywhere and net cash provided by operating activities. Free Cash Flow is not defined by GAAP and should not be considered in isolation or as an alternative to net income (loss), net cash provided by (used in) operating, investing and financing activities or other financial data prepared in accordance with GAAP or as an indicator of the Company's operating performance or liquidity. Free Cash Flow may differ from similarly titled measures presented by other companies.</p> <p> </p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2"> </div> <p>SOURCE Anywhere Real Estate Inc.</p> <img alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=NY15759&Transmission_Id=202210270730PR_NEWS_USPR_____NY15759&DateId=20221027" style="border:0px; width:1px; height:1px;"/>
Sing up to receive email updates on all the latest webinars, articles, and events
Anywhere
175 Park Ave.
Madison, NJ 07940
Anywhere
175 Park Ave.
Madison, NJ 07940
