v3.25.1
BUSINESS SEGMENTS - Reconciliation of Adjusted EBITDA to Net Income or Loss (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Segment Reporting Information [Line Items]    
Total consolidated revenues $ 1,200 $ 1,195
Marketing and sales (234) (223)
Financing (36) (34)
Royalty fee (28) (28)
Interest expense, net (40) (40)
Depreciation and amortization (38) (38)
Share-based compensation expense (7) (7)
Amortization of cloud computing software implementation costs (1) 0
Certain items (5) (20)
Provision for income taxes (45) (35)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 56 47
Sale of vacation ownership products    
Segment Reporting Information [Line Items]    
Expenses (42) (53)
Management and exchange    
Segment Reporting Information [Line Items]    
Expenses (117) (116)
Rental    
Segment Reporting Information [Line Items]    
Expenses (123) (107)
Operating segments    
Segment Reporting Information [Line Items]    
Total consolidated revenues 1,193 1,195
Segment Adjusted EBITDA 249 245
Operating segments | Vacation Ownership    
Segment Reporting Information [Line Items]    
Total consolidated revenues 1,135 1,130
Marketing and sales (234) (223)
Financing 36 34
Royalty fee 28 28
Other segment items (376) (398)
Segment Adjusted EBITDA 221 213
Operating segments | Vacation Ownership | Sale of vacation ownership products    
Segment Reporting Information [Line Items]    
Expenses (42) (53)
Operating segments | Vacation Ownership | Management and exchange    
Segment Reporting Information [Line Items]    
Expenses (72) (71)
Operating segments | Vacation Ownership | Rental    
Segment Reporting Information [Line Items]    
Expenses (126) (110)
Operating segments | Exchange & Third-Party Management    
Segment Reporting Information [Line Items]    
Total consolidated revenues 58 65
Other segment items (1) (2)
Segment Adjusted EBITDA 28 32
Operating segments | Exchange & Third-Party Management | Management and exchange    
Segment Reporting Information [Line Items]    
Expenses (29) (31)
Corporate and Other    
Segment Reporting Information [Line Items]    
Total consolidated revenues 7 0
Corporate and other $ (57) $ (58)