Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 188

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 188
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 equivalents increased $21 million primarily as a result of the debt transactions discussed under Note 4, "Short and Long-Term Debt", to the Condensed Consolidated Financial Statements ("Note 4").

•Trade and relocation receivables increased $126 million primarily due to timing.

•Other current and non-current assets net increased $58 million primarily due to an increase in prepaid contracts, partially offset by a reduction in income tax receivables and a decrease in equity method investments as a result of dividends received from Guaranteed Rate Affinity and other equity method investments.

Liabilities

•Accounts payable and Securitization obligations increased $13 million and $40 million, respectively, primarily due to timing.

•Corporate debt net increased $55 million as a result of the debt transactions discussed under Note 4.

•Other non-current liabilities increased $80 million primarily due to an increase in long-term contracts and proceeds from the sale of a 10% preferred equity interest in certain of the Company's title and escrow entities that has a mandatorily redeemable feature.

Cash Flow Highlights (Nine months ended September 30, 2025 vs. Nine months ended September 30, 2024)

 Nine Months Ended September 30,  20252024Cash provided by (used in):Operating activities$(15)$37 Investing activities(56)(54)Financing activities91 3 

Operating Activities

•$9 million less cash was provided by operating results.

•$44 million decrease due to the net change in relocation and trade receivables as a result of timing.

•$43 million decrease due to the change in other assets primarily due to prepaid contracts and higher agent incentive payments.

•$31 million increase due to the net change in accounts payable, accrued expenses and other liabilities primarily related to a higher accrual for employee cash-settled awards which fluctuate with the Company's stock price.

Investing Activities

•$15 million more cash used for property and equipment additions.

•$6 million more cash proceeds was received from the sale of investments.

•$6 million more cash from other investing activities primarily due to a return of capital from Guaranteed Rate Affinity in 2025.

Financing Activities

•$75 million net repayments of the Revolving Credit Facility.

•$127 million of net cash received as a result of the debt transactions discussed under Note 4.

•$40 million net increase in securitization borrowings.

•$19 million of proceeds from the sale of a 10