v3.24.2
Inventory (Tables)
6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Inventory
Inventory consisted of the following (in millions):
June 30,
2024
December 31,
2023
Completed VOI inventory$966 $899 
Estimated VOI recoveries205 207 
Land held for VOI development29 20 
VOI construction in process3 5 
Vacation exchange credits and other3 4 
Total inventory$1,206 $1,135 
Activity Related to Inventory Obligations
The following table summarizes the activity related to the Company's inventory obligations (in millions):
Las Vegas (a)
Other (b)
Total
December 31, 2023$— $8 $8 
Purchases— 54 54 
Payments— (57)(57)
June 30, 2024$— $5 $5 
December 31, 2022$30 $7 $37 
Purchases— 27 27 
Payments(30)(26)(56)
June 30, 2023$— $8 $8 
(a)Included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.
(b)Included in Accounts payable on the Condensed Consolidated Balance Sheets.