v3.26.1
DEBT AND NON-RECOURSE DEBT - Schedule of Outstanding Borrowings (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
May 31, 2026
Apr. 30, 2026
Debt Instrument [Line Items]        
Total debt, net $ 4,876 $ 4,545    
Debt instrument, average interest rate 5.626% 5.691%    
Grand Islander and Bluegreen Securitized and Non-Recourse Debt        
Debt Instrument [Line Items]        
Debt issuance discounts $ 3 $ 5    
Timeshare Facility        
Debt Instrument [Line Items]        
Unamortized deferred financing costs $ 5     $ 6
Line of Credit | Term loan A due 2028        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 5.294%      
Total debt, gross $ 400 400    
Line of Credit | Term loan B due 2028        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 5.644%      
Total debt, gross $ 847 851    
Line of Credit | Term loan B due 2031        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 5.644%      
Total debt, gross $ 882 887    
Senior Notes | Senior notes due 2029        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 5.00%      
Total debt, gross $ 850 850    
Senior Notes | Senior notes due 2031        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 4.875%      
Total debt, gross $ 500 500    
Senior Notes | Senior notes due 2032        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 6.625%      
Total debt, gross $ 900 900    
Senior Notes | Other debt        
Debt Instrument [Line Items]        
Total debt, gross 82 85    
Senior Notes and Other Debt        
Debt Instrument [Line Items]        
Total debt, gross 4,926 4,603    
Less: unamortized deferred financing costs and discounts (50) (58)    
Total debt, net 4,876 4,545    
Unamortized deferred financing costs 46 53    
Debt issuance discounts 4 5    
Secured Debt        
Debt Instrument [Line Items]        
Total debt, gross 2,933 2,751    
Less: unamortized deferred financing costs and discounts (37) (35)    
Total debt, net $ 2,896 $ 2,716    
Debt instrument, average interest rate 5.035% 5.019%    
Unamortized deferred financing costs $ 34 $ 30    
Secured Debt | Timeshare Facility due 2029        
Debt Instrument [Line Items]        
Total debt, gross 245 615 $ 1,000 $ 850
Less: unamortized deferred financing costs and discounts $ (2)      
Debt instrument, average interest rate 4.779%      
Secured Debt | Securitized Debt Due 2034-2045        
Debt Instrument [Line Items]        
Total debt, gross $ 2,668 2,106    
Debt instrument, average interest rate 5.056%      
Secured Debt | Securitized Debt Due 2034-2045 | Minimum        
Debt Instrument [Line Items]        
Debt instrument, average interest rate 1.41%      
Secured Debt | Securitized Debt Due 2034-2045 | Maximum        
Debt Instrument [Line Items]        
Debt instrument, average interest rate 6.614%      
Secured Debt | Quorum Purchase Facility due 2034        
Debt Instrument [Line Items]        
Total debt, gross $ 3 4    
Debt instrument, average interest rate 5.023%      
Secured Debt | NBA Receivables Facility due 2031        
Debt Instrument [Line Items]        
Total debt, gross $ 17 26    
Debt instrument, average interest rate 5.394%      
Revolving Credit Facility        
Debt Instrument [Line Items]        
Unamortized deferred financing costs $ 2 3    
Revolving Credit Facility | Revolver due 2030        
Debt Instrument [Line Items]        
Debt instrument, stated interest rate (as a percent) 5.275%      
Total debt, gross $ 465 $ 130