XML 151 R134.htm IDEA: XBRL DOCUMENT v3.25.0.1
BUSINESS SEGMENTS - Reconciliation of Adjusted EBITDA to Net Income or Loss (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Total consolidated revenues $ 4,967 $ 4,727 $ 4,656
Marketing and sales (919) (823) (807)
Financing (146) (113) (75)
Royalty fee (114) (117) (114)
Interest expense, net (162) (145) (118)
Depreciation and amortization (146) (135) (132)
Share-based compensation expense (33) (31) (39)
Certain items (79) (50) (95)
Provision for income taxes (89) (146) (191)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 218 254 391
Sale of vacation ownership products      
Segment Reporting Information [Line Items]      
Expenses (200) (224) (289)
Management and exchange      
Segment Reporting Information [Line Items]      
Expenses (482) (442) (444)
Rental      
Segment Reporting Information [Line Items]      
Expenses (481) (452) (382)
Operating Segments      
Segment Reporting Information [Line Items]      
Total consolidated revenues 4,961 4,730 4,633
Segment Adjusted EBITDA 947 1,013 1,181
Depreciation and amortization (128) (124) (123)
Operating Segments | Vacation Ownership      
Segment Reporting Information [Line Items]      
Total consolidated revenues 4,730 4,468 4,342
Marketing and sales (919) (823) (807)
Financing 146 113 75
Royalty fee 114 117 114
Other segment items (1,715) (1,572) (1,384)
Segment Adjusted EBITDA 845 883 1,033
Depreciation and amortization (100) (93) (92)
Operating Segments | Vacation Ownership | Sale of vacation ownership products      
Segment Reporting Information [Line Items]      
Expenses (200) (224) (289)
Operating Segments | Vacation Ownership | Management and exchange      
Segment Reporting Information [Line Items]      
Expenses (293) (270) (240)
Operating Segments | Vacation Ownership | Rental      
Segment Reporting Information [Line Items]      
Expenses (498) (466) (400)
Operating Segments | Exchange & Third-Party Management      
Segment Reporting Information [Line Items]      
Total consolidated revenues 231 262 291
Other segment items (7) (14) (23)
Segment Adjusted EBITDA 102 130 148
Depreciation and amortization (28) (31) (31)
Operating Segments | Exchange & Third-Party Management | Management and exchange      
Segment Reporting Information [Line Items]      
Expenses (122) (118) (120)
Corporate and Other      
Segment Reporting Information [Line Items]      
Total consolidated revenues 6 (3) 23
Corporate and other (220) (252) (215)
Depreciation and amortization $ (18) $ (11) $ (9)