v3.24.2
Segment Information (Summary Of Segment Information) (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
USD ($)
Mar. 31, 2024
USD ($)
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2024
USD ($)
segment
Jun. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
Segment Reporting Information [Line Items]              
Number of Reportable Segments | segment         2    
Net revenues              
Net revenues $ 985   $ 949   $ 1,900 $ 1,829  
Reconciliation of Net income to Adjusted EBITDA              
Net income attributable to Travel + Leisure Co. shareholders 129 $ 66 94 $ 64 195 157  
Gain on disposal of discontinued business, net of income taxes (32)   (5)   (32) (5)  
Interest expense 63   61   127 119  
Interest (income) (3)   (3)   (8) (6)  
Provision for income taxes 36   36   62 58  
Depreciation and amortization 28   28   56 55  
Legacy items 12   2   13 7  
Stock-based compensation 11   12   20 22  
Restructuring 0   11   0 11  
Acquisition and divestiture related costs 0   0   2 0  
Loss on sale of business [1] 0   0   0 2  
Adjusted EBITDA 244   236   435 420  
Assets, Net of Investment in Unconsolidated Subsidiaries [2] 6,693       6,693   $ 6,738
Operating Segments              
Net revenues              
Net revenues 984   947   1,903 1,832  
Reconciliation of Net income to Adjusted EBITDA              
Adjusted EBITDA 268   249   477 452  
Assets, Net of Investment in Unconsolidated Subsidiaries [2] 6,389       6,389   6,333
Corporate and other              
Net revenues              
Net revenues [3] 1   2   (3) (3)  
Reconciliation of Net income to Adjusted EBITDA              
Adjusted EBITDA [3] (24)   (13)   (42) (32)  
Assets, Net of Investment in Unconsolidated Subsidiaries [2] 304       304   405
Vacation Ownership | Operating Segments              
Net revenues              
Net revenues 807   768   1,533 1,453  
Reconciliation of Net income to Adjusted EBITDA              
Adjusted EBITDA 206   187   340 319  
Assets, Net of Investment in Unconsolidated Subsidiaries [2] 5,046       5,046   4,980
Travel and Membership | Operating Segments              
Net revenues              
Net revenues 177   179   370 379  
Reconciliation of Net income to Adjusted EBITDA              
Adjusted EBITDA 62   $ 62   137 $ 133  
Assets, Net of Investment in Unconsolidated Subsidiaries [2] $ 1,343       $ 1,343   $ 1,353
[1] Represents the loss on sale of the Love Home Swap business.
[2] Excludes investment in consolidated subsidiaries.
[3] Includes the elimination of transactions between segments.