XML 38 R27.htm IDEA: XBRL DOCUMENT v3.25.2

REVENUE AND RECEIVABLES (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

			Three Months Ended June 30, 2025
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	370					$	—					$	—					$	370
Ancillary revenues			75						1						—						76
Management fee revenues			55						1						—						56
Exchange and other services revenues			35						39						13						87
Management and exchange			165						41						13						219
Rental			150						10						—						160
Cost reimbursements			413						2						(8)						407
Revenue from contracts with customers			1,098						53						5						1,156
Financing			90						—						—						90
Total Revenues			$	1,188					$	53					$	5					$	1,246

			Three Months Ended June 30, 2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	309					$	—					$	—					$	309
Ancillary revenues			72						1						—						73
Management fee revenues			51						2						(1)						52
Exchange and other services revenues			34						42						14						90
Management and exchange			157						45						13						215
Rental			143						10						—						153
Cost reimbursements			384						3						(9)						378
Revenue from contracts with customers			993						58						4						1,055
Financing			85						—						—						85
Total Revenues			$	1,078					$	58					$	4					$	1,140

			Six Months Ended June 30, 2025
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	725					$	—					$	—					$	725
Ancillary revenues			140						2						—						142
Management fee revenues			110						4						(1)						113
Exchange and other services revenues			70						81						28						179
Management and exchange			320						87						27						434
Rental			309						20						—						329
Cost reimbursements			791						4						(15)						780
Revenue from contracts with customers			2,145						111						12						2,268
Financing			178						—						—						178
Total Revenues			$	2,323					$	111					$	12					$	2,446

			Six Months Ended June 30, 2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Sale of vacation ownership products			$	661					$	—					$	—					$	661
Ancillary revenues			137						2						—						139
Management fee revenues			103						7						(2)						108
Exchange and other services revenues			65						88						26						179
Management and exchange			305						97						24						426
Rental			290						21						—						311
Cost reimbursements			784						5						(20)						769
Revenue from contracts with customers			2,040						123						4						2,167
Financing			168						—						—						168
Total Revenues			$	2,208					$	123					$	4					$	2,335

Revenue remaining performance obligation

The following tables detail the timing of revenue from contracts with customers by segment for the time periods presented.

			Three Months Ended June 30, 2025
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	649					$	20					$	5					$	674
Goods or services transferred at a point in time			449						33						—						482
Revenue from contracts with customers			$	1,098					$	53					$	5					$	1,156

			Three Months Ended June 30, 2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	607					$	22					$	4					$	633
Goods or services transferred at a point in time			386						36						—						422
Revenue from contracts with customers			$	993					$	58					$	4					$	1,055

			Six Months Ended June 30, 2025
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	1,268					$	41					$	12					$	1,321
Goods or services transferred at a point in time			877						70						—						947
Revenue from contracts with customers			$	2,145					$	111					$	12					$	2,268

			Six Months Ended June 30, 2024
($ in millions)			Vacation Ownership						Exchange & Third-Party Management						Corporate and Other						Total
Services transferred over time			$	1,233					$	46					$	4					$	1,283
Goods or services transferred at a point in time			807						77						—						884
Revenue from contracts with customers			$	2,040					$	123					$	4					$	2,167

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 June 30, 2025 or December 31, 2024.

($ in millions)			At June 30, 2025						At December 31, 2024
Receivables from Contracts with Customers
Accounts and contracts receivable, net			$	221					$	250
Vacation ownership notes receivable, net			2,485						2,440
			$	2,706					$	2,690
Contract Liabilities
Advance deposits			$	164					$	162
Deferred revenue			397						354
			$	561					$	516

Accounts and nontrade receivable

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

($ in millions)			At June 30, 2025						At December 31, 2024
Receivables from contracts with customers, net			$	221					$	250
Interest receivable			20						20
Tax receivable			74						57
Indemnification assets			37						34
Employee tax credit receivable			9						10
Other			17						16
			$	378					$	387

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

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Accounts and Nontrade Receivable

+ References

No definition available.

+ Details

Name:	vac_AccountsAndNontradeReceivableTableTextBlock
Namespace Prefix:	vac_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration