v3.25.2
ACCOUNTS RECEIVABLE
 6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
ACCOUNTS RECEIVABLE ACCOUNTS RECEIVABLE
Accounts receivable within the scope of ASC 326, Financial Instruments - Credit Losses are measured at amortized cost. The following table represents our accounts receivable, net of allowance for credit losses:
($ in millions)June 30, 2025December 31, 2024
Fee-for-service commissions$40 $48 
Real estate and financing41 34 
Resort and club operations184 137 
Tax receivables
171 89 
Other receivables8 7 
Total$444 $315 
Our accounts receivable are generally due within one year of origination. We use delinquency status and economic factors such as credit quality indicators to monitor our receivables within the scope of ASC 326 and use these as a basis for how we develop our expected loss estimates.
The changes in our allowance were as follows during the six months ended June 30, 2025:
($ in millions)
Fee-for-service commissions
Real estate and financing
Resort and club operations
Total
Balance as of December 31, 2024
$24 $49 $1 $74 
Current period provision for expected credit losses4 23 13 40 
Write-offs charged against the allowance(5)(10)— (15)
Balance as of June 30, 2025
$23 $62 $14 $99