CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2026	Mar. 31, 2025
Revenues
Revenues	$ 1,285	$ 1,148
Expenses
General and administrative	49	46
Depreciation and amortization	71	67
Total operating expenses	1,142	1,088
Interest expense	(73)	(77)
Equity in earnings from unconsolidated affiliates	5	5
Other (loss) gain, net	(1)	6
Income (loss) before income taxes	74	(6)
Income tax expense	(6)	(6)
Net income (loss)	68	(12)
Net income attributable to noncontrolling interest	2	5
Net income (loss) attributable to stockholders	$ 66	$ (17)
Earnings (loss) per share attributable to stockholders:
Basic (in dollars per share)	$ 0.81	$ (0.17)
Diluted (in dollars per share)	$ 0.79	$ (0.17)
Sales of VOIs, net
Revenues
Revenues	$ 455	$ 378
Fee-for-service commissions, package sales and other fees
Revenues
Revenues	161	142
Financing
Revenues
Revenues	138	125
Expenses
Expenses	51	55
Resort and club management
Revenues
Revenues	185	183
Expenses
Expenses	59	54
Rental and ancillary services
Revenues
Revenues	197	187
Expenses
Expenses	216	206
Cost reimbursements
Revenues
Revenues	149	133
Expenses
Expenses	149	133
Cost of VOI sales
Expenses
Expenses	45	25
Sales and marketing
Expenses
Expenses	437	425
Acquisition and integration-related expense
Expenses
Expenses	12	28
License fee expense
Expenses
Expenses	$ 53	$ 49

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

Name:	us-gaap_CostOfGoodsAndServicesSold
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Total costs of sales and operating expenses for the period.