Company: HOUS
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001398987-25-000067
Chunk: 23

Company: Anywhere Real Estate Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 23
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$206 

15

Accrued expenses and other current liabilities consisted of:  March 31, 2025December 31, 2024Accrued payroll and related employee costs$108 $170 Advances from clients26 24 Accrued volume incentives27 27 Accrued commissions40 41 Restructuring accruals12 9 Deferred income51 45 Accrued interest44 36 Current portion of finance lease liabilities6 7 Due to former parent41 40 Other151 154 Total accrued expenses and other current liabilities$506 $553 

4.    SHORT AND LONG-TERM DEBT

Total indebtedness is as follows: March 31, 2025December 31, 2024Revolving Credit Facility$610 $490 7.00% Senior Secured Second Lien Notes630 630 5.75% Senior Notes559 558 5.25% Senior Notes444 444 0.25% Exchangeable Senior Notes400 399 Total Short-Term & Long-Term Debt$2,643 $2,521 Securitization Obligations:Apple Ridge Funding LLC$135 $140 Indebtedness TableAs of March 31, 2025, the Company’s borrowing arrangements were as follows:Interest RateExpirationDatePrincipal AmountUnamortized Premium and Debt Issuance CostsNet AmountRevolving Credit Facility (a)(b)July 2027 (c)$610 $                     *$610 Senior Secured Second Lien Notes7.00%April 2030640 10 630 Senior Notes5.75%January 2029558 (1)559 Senior Notes5.25%April 2030449 5 444 Exchangeable Senior Notes0.25%June 2026403 3 400 Total Short-Term & Long-Term Debt$2,660 $17 $2,643 Securitization obligations: (d)Apple Ridge Funding LLCMay 2025$135 $                     *$135 _______________*The debt issuance costs related to our Revolving Credit Facility and securitization obligations are classified as a deferred financing asset within other assets.(a)As of March 31, 2025, the Company had $1,100 million of borrowing capacity under its Revolving Credit Facility. As