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REVENUE AND RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

			2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	1,448					$	—					$	—					$	1,448
Ancillary revenues			266						4						—						270
Management fee revenues			207						12						(5)						214
Exchange and other services revenues			139						166						54						359
Management and exchange			612						182						49						843
Rental			605						40						—						645
Cost reimbursements			1,723						9						(43)						1,689
Revenue from contracts with customers			4,388						231						6						4,625
Financing			342						—						—						342
Total Revenues			$	4,730					$	231					$	6					$	4,967

			2023
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	1,460					$	—					$	—					$	1,460
Ancillary revenues			252						5						—						257
Management fee revenues			180						24						(3)						201
Exchange and other services revenues			136						177						42						355
Management and exchange			568						206						39						813
Rental			531						40						—						571
Cost reimbursements			1,587						16						(42)						1,561
Revenue from contracts with customers			4,146						262						(3)						4,405
Financing			322						—						—						322
Total Revenues			$	4,468					$	262					$	(3)					$	4,727

			2022
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	1,618					$	—					$	—					$	1,618
Ancillary revenues			241						4						—						245
Management fee revenues			166						34						(5)						195
Exchange and other services revenues			127						188						72						387
Management and exchange			534						226						67						827
Rental			509						42						—						551
Cost reimbursements			1,388						23						(44)						1,367
Revenue from contracts with customers			4,049						291						23						4,363
Financing			293						—						—						293
Total Revenues			$	4,342					$	291					$	23					$	4,656

Revenue remaining performance obligation

The following tables detail the timing of revenue from contracts with customers by segment for each of the last three fiscal years.

			2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	2,652					$	91					$	6					$	2,749
Goods or services transferred at a point in time			1,736						140						—						1,876
Revenue from contracts with customers			$	4,388					$	231					$	6					$	4,625

			2023
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	2,411					$	111					$	(3)					$	2,519
Goods or services transferred at a point in time			1,735						151						—						1,886
Revenue from contracts with customers			$	4,146					$	262					$	(3)					$	4,405

			2022
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	2,168					$	130					$	23					$	2,321
Goods or services transferred at a point in time			1,881						161						—						2,042
Revenue from contracts with customers			$	4,049					$	291					$	23					$	4,363

Contract with customer, asset and liability

The following table shows the composition of our receivables from contracts with customers and contract liabilities. We had no contract assets at either December 31, 2024 or December 31, 2023.

($ in millions)			At December 31, 2024						At December 31, 2023
Receivables
Accounts and contracts receivable, net			$	250					$	265
Vacation ownership notes receivable, net			2,440						2,343
			$	2,690					$	2,608
Contract Liabilities
Advance deposits			$	162					$	164
Deferred revenue			354						382
			$	516					$	546

Accounts and nontrade receivable

The following table shows the composition of our accounts and contracts receivable balances:

($ in millions)			At December 31, 2024						At December 31, 2023
Receivables from contracts with customers, net			$	250					$	265
Interest receivable			20						18
Tax receivable			57						44
Indemnification assets			34						40
Employee tax credit receivable			10						11
Other			16						7
			$	387					$	385

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
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