v3.24.2
Variable Interest Entities (Assets And Liabilities Of Vacation Ownership SPEs) (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Jun. 30, 2023
Schedule Of Transfer And Financial Assets [Line Items]      
Restricted cash (VIE - $89 as of 2024 and $96 as of 2023) $ 166 $ 176 $ 164
Other assets 385 394  
Total assets 6,693 6,738  
Total SPE liabilities 7,577 7,655  
Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Restricted cash (VIE - $89 as of 2024 and $96 as of 2023) 89 96  
Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Deferred financing cost related to securitized debt 20 22  
Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Securitized contract receivables, gross [1] 2,206 2,291  
Restricted cash (VIE - $89 as of 2024 and $96 as of 2023) [2] 89 96  
Interest receivables on securitized contract receivables [3] 17 18  
Other assets [4] 13 13  
Total assets 2,325 2,418  
Other liabilities [5] 3 4  
Total SPE liabilities 2,003 2,075  
SPE assets in excess of SPE liabilities 322 343  
Term Notes [Member] | Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Non-recourse vacation ownership debt (VIE) [6],[7] 1,593 1,707  
Non-recourse bank conduit facility [Member] | Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Non-recourse vacation ownership debt (VIE) [6] $ 407 $ 364  
[1] Included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets.
[2] Included in Restricted cash on the Condensed Consolidated Balance Sheets.
[3] Included in Trade receivables, net on the Condensed Consolidated Balance Sheets.
[4] Primarily includes deferred financing costs for the bank conduit facilities and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets.
[5] Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.
[6] Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets.
[7] Includes deferred financing costs of $20 million and $22 million as of June 30, 2024 and December 31, 2023, related to non-recourse debt.