v3.24.2
Statement of Shareholders' Equity (Statement) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interest
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2022   78.4          
Issuance of shares for RSU vesting   0.3          
Repurchase of common stock, count   (2.5)          
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2023   76.2          
Beginning Balance, value at Dec. 31, 2022 $ (904) $ 2 $ (6,886) $ 4,242 $ 1,808 $ (79) $ 9
Net income attributable to Travel + Leisure Co. shareholders 64       64    
Other comprehensive income/(loss), net of tax (2)         (2)  
Net share settlement of stock-based compensation (5)     (5)      
Change in stock-based compensation 10     10      
Repurchase of common stock, value (102)   (102)        
Dividends, common stock (36)       (36)    
Ending Balance, value at Mar. 31, 2023 (975) $ 2 (6,988) 4,247 1,836 (81) 9
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2022   78.4          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2023   74.0          
Beginning Balance, value at Dec. 31, 2022 (904) $ 2 (6,886) 4,242 1,808 (79) 9
Net income attributable to Travel + Leisure Co. shareholders 157            
Other comprehensive income/(loss), net of tax 0            
Ending Balance, value at Jun. 30, 2023 $ (1,004) $ 2 (7,090) 4,258 1,895 (79) 10
Common Stock, Dividends, Per Share, Cash Paid $ 0.90            
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2023   76.2          
Issuance of shares for RSU vesting   0.3          
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.1          
Repurchase of common stock, count   (2.6)          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2023   74.0          
Beginning Balance, value at Mar. 31, 2023 $ (975) $ 2 (6,988) 4,247 1,836 (81) 9
Net income attributable to Travel + Leisure Co. shareholders 94       94    
Other comprehensive income/(loss), net of tax 2         2  
Net share settlement of stock-based compensation (5)     (5)      
Employee stock purchase program issuances 5     5      
Change in stock-based compensation 12     12      
Repurchase of common stock, value (102)   (102)        
Dividends, common stock (35)       (35)    
Non-controlling interest ownership change 1           1
Other (1)     (1)      
Ending Balance, value at Jun. 30, 2023 $ (1,004) $ 2 (7,090) 4,258 1,895 (79) 10
Common Stock, Dividends, Per Share, Cash Paid $ 0.45            
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2023   71.4          
Issuance of shares for RSU vesting   0.5          
Repurchase of common stock, count   (0.6)          
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2024   71.3          
Beginning Balance, value at Dec. 31, 2023 $ (917) $ 2 (7,196) 4,279 2,067 (70) 1
Net income attributable to Travel + Leisure Co. shareholders 66       66    
Other comprehensive income/(loss), net of tax (15)         (15)  
Net share settlement of stock-based compensation (9)     (9)      
Change in stock-based compensation 9     9      
Repurchase of common stock, value (25)   (25)        
Dividends, common stock (36)       (36)    
Other 2     2      
Ending Balance, value at Mar. 31, 2024 (925) $ 2 (7,221) 4,281 2,097 (85) 1
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2023   71.4          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2024   69.9          
Beginning Balance, value at Dec. 31, 2023 (917) $ 2 (7,196) 4,279 2,067 (70) 1
Net income attributable to Travel + Leisure Co. shareholders 195            
Other comprehensive income/(loss), net of tax (12)            
Ending Balance, value at Jun. 30, 2024 $ (884) $ 2 (7,292) 4,298 2,189 (82) 1
Common Stock, Dividends, Per Share, Cash Paid $ 1.00            
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2024   71.3          
Stock option exercises, count   0.1          
Stock Issued During Period, Shares, Employee Stock Purchase Plans   0.1          
Repurchase of common stock, count   (1.6)          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2024   69.9          
Beginning Balance, value at Mar. 31, 2024 $ (925) $ 2 (7,221) 4,281 2,097 (85) 1
Net income attributable to Travel + Leisure Co. shareholders 129       129    
Other comprehensive income/(loss), net of tax 3         3  
Stock option exercises, value 1     1      
Employee stock purchase program issuances 5     5      
Change in stock-based compensation 11     11      
Repurchase of common stock, value (70)   (70)        
Dividends, common stock (37)       (37)    
Other (1)   (1)        
Ending Balance, value at Jun. 30, 2024 $ (884) $ 2 $ (7,292) $ 4,298 $ 2,189 $ (82) $ 1
Common Stock, Dividends, Per Share, Cash Paid $ 0.50