Company: HOUS
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001398987-25-000020
Chunk: 226

Company: Anywhere Real Estate Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 226
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 and restricted cash, an increase of $5 million compared to the balance of $119 million at December 31, 2023. The following table summarizes our cash flows for the years ended December 31, 2024 and 2023:

 Year Ended December 31, 20242023ChangeCash provided by (used in):Operating activities$104 $187 $(83)Investing activities(77)(59)(18)Financing activities(21)(227)206 Effects of change in exchange rates on cash, cash equivalents and restricted cash(1)— (1)Net change in cash, cash equivalents and restricted cash$5 $(99)$104 

For the year ended December 31, 2024, $83 million less cash was provided by operating activities compared to the same period in 2023 principally due to:

•$177 million less cash provided by the net change in relocation and trade receivables due to timing;

•$18 million more cash used for accounts payable, accrued expenses and other liabilities primarily related to payments of previously accrued legal matters; and

•$12 million less cash used for other assets primarily due to prepaid contracts,

partially offset by $133 million more cash provided by operating results.

For the year ended December 31, 2024, $18 million less cash was provided by investing activities compared to the same period in 2023 primarily due to the absence in 2024 of $8 million of proceeds from the sale of business in 2023 and $6 million of proceeds received from investments in 2023, as well as $6 million less cash used for property and equipment additions.

For the year ended December 31, 2024, $21 million of cash was used in financing activities compared to $227 million of cash used in financing activities during the same period in 2023. For the year ended December 31, 2024, $21 million of cash was used in financing activities primarily due to:

•$213 million of net cash paid related to the repayment of Term Loan A Facility and repurchases of Unsecured Notes in the third quarter of 2024;

•$23 million of other financing payments primarily related to contracts and finance leases; and

•$12 million of quarterly amortization payments on the term loan facilities,

partially offset by:

•$205 million of additional borrowings under the Revolving Credit Facility; and

•$25 million net increase in securitization borrowings.

For the year