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FINANCIAL INSTRUMENTS - Carrying Values and Estimated Fair Values (Details) - USD ($) $ in Millions | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Vacation ownership notes receivable, net | $ 2,440 | $ 2,343
Contracts receivable for financed VOI sales, net | 46 | 37
Other assets | 131 | 99
Total financial assets | 2,617 | 2,479
Total financial liabilities | (5,026) | (4,956)
Carrying Amount | Securitized debt, net |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (2,136) | (2,096)
Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Vacation ownership notes receivable, net | 2,508 | 2,427
Contracts receivable for financed VOI sales, net | 46 | 37
Other assets | 131 | 99
Total financial assets | 2,685 | 2,563
Total financial liabilities | (4,958) | (4,749)
Fair Value | Securitized debt, net |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (2,147) | (2,068)
2028 Notes | Carrying Amount | Senior notes |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (348) | (348)
2028 Notes | Fair Value | Senior notes |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (336) | (322)
2029 Notes | Carrying Amount | Senior notes |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (496) | (495)
2029 Notes | Fair Value | Senior notes |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (467) | (445)
2026 Convertible Notes | Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Convertible notes, net | (572) | (568)
2026 Convertible Notes | Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Convertible notes, net | (546) | (508)
2027 Convertible Notes | Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Convertible notes, net | (566) | (563)
2027 Convertible Notes | Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Convertible notes, net | (541) | (513)
Non-interest bearing note payable, net | Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | 0 | (4)
Non-interest bearing note payable, net | Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | 0 | (4)
Line of Credit | Term Loan, net | Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (786) | (781)
Line of Credit | Term Loan, net | Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (796) | (784)
Line of Credit | Revolving Corporate Credit Facility, net | Carrying Amount |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | (122) | (101)
Line of Credit | Revolving Corporate Credit Facility, net | Fair Value |  |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |  |
Debt instrument, fair value | $ (125) | $ (105)

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