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INVENTORY
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
INVENTORY INVENTORY
The following table shows the composition of our inventory balances:
($ in millions)At Year-End 2024At Year-End 2023
Real estate inventory(1)
$725 $624 
Other10 10 
$735 $634 
(1)Represents completed inventory that is registered for sale as VOIs and vacation ownership inventory expected to be reacquired pursuant to estimated future defaults on originated vacation ownership notes receivable.
In addition to the above, at December 31, 2024 and December 31, 2023, we had $271 million and $370 million, respectively, of completed vacation ownership units which are classified as a component of Property and equipment, net until the time at which they are available and legally registered for sale as vacation ownership products.
We also had deposits on future purchases of inventory of $33 million at December 31, 2024, of which $29 million was included in Other assets and $4 million was included in Accounts and contracts receivable, net on our Balance Sheet, and $3 million at December 31, 2023, which was included in Other assets on our Balance Sheet.
See Footnote 21 “Impairment and Restructuring” for information on the impairment of inventory recorded during 2024.