v3.25.2
DEBT AND NON-RECOURSE DEBT - Schedule of Outstanding Borrowings (Details) - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Total debt, net $ 4,574 $ 4,601
Debt instrument, average interest rate 5.991% 6.14%
Bluegreen Acquisition    
Debt Instrument [Line Items]    
Debt issuance discounts $ 2 $ 2
Grand Islander and Bluegreen Securitized and Non-Recourse Debt    
Debt Instrument [Line Items]    
Debt issuance discounts $ 8 11
NBA Receivables Facility    
Debt Instrument [Line Items]    
Outstanding borrowings, percentage 15.00%  
Recourse portion subject to exceptions $ 5  
Line of Credit and Senior Notes    
Debt Instrument [Line Items]    
Debt issuance discounts 4 5
Line of Credit    
Debt Instrument [Line Items]    
Unamortized deferred financing costs $ 38 39
Line of Credit | Term loan A with a rate of 5.977%, due 2028    
Debt Instrument [Line Items]    
Debt instrument, stated interest rate (as a percent) 5.977%  
Total debt, gross $ 400 400
Line of Credit | Term loan B with a rate of 6.327%, due 2028    
Debt Instrument [Line Items]    
Debt instrument, stated interest rate (as a percent) 6.327%  
Total debt, gross $ 855 858
Line of Credit | Term loan B with a rate of 6.327%, due 2031    
Debt Instrument [Line Items]    
Debt instrument, stated interest rate (as a percent) 6.327%  
Total debt, gross $ 891 893
Senior Notes    
Debt Instrument [Line Items]    
Unamortized deferred financing costs $ 22 25
Senior Notes | Senior notes with a rate of 5.000%, 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 with a rate of 4.875%, 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 with a rate of 6.625%, 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 84 38
Senior Notes | Timeshare Facility Due 2025    
Debt Instrument [Line Items]    
Unamortized deferred financing costs 1 2
Senior Notes and Other Debt    
Debt Instrument [Line Items]    
Total debt, gross 4,640 4,672
Less: unamortized deferred financing costs and discounts (66) (71)
Total debt, net 4,574 4,601
Secured Debt    
Debt Instrument [Line Items]    
Total debt, gross 2,529 2,350
Less: unamortized deferred financing costs and discounts (30) (32)
Total debt, net $ 2,499 $ 2,318
Debt instrument, average interest rate 5.258% 5.235%
Unamortized deferred financing costs $ 22 $ 21
Secured Debt | Timeshare Facility with an average rate of 5.624%, due 2027    
Debt Instrument [Line Items]    
Total debt, gross $ 730 428
Debt instrument, average interest rate 5.624%  
Secured Debt | HGV Securitized Debt 2018 with a weighted average rate of 3.602%, due 2032    
Debt Instrument [Line Items]    
Total debt, gross $ 0 41
Debt instrument, average interest rate 3.602%  
Secured Debt | HGV Securitized Debt 2019 with a weighted average rate of 2.431%, due 2033    
Debt Instrument [Line Items]    
Total debt, gross $ 39 48
Debt instrument, average interest rate 2.431%  
Secured Debt | HGV Securitized Debt 2022-1 with a weighted average rate of 4.304%, due 2034    
Debt Instrument [Line Items]    
Total debt, gross $ 61 78
Debt instrument, average interest rate 4.304%  
Secured Debt | HGV Securitized Debt 2022-2 with a weighted average rate of 4.826%, due 2037    
Debt Instrument [Line Items]    
Total debt, gross $ 104 129
Debt instrument, average interest rate 4.826%  
Secured Debt | HGV Securitized Debt 2023 with a weighted average rate of 5.937%, due 2038    
Debt Instrument [Line Items]    
Total debt, gross $ 133 172
Debt instrument, average interest rate 5.937%  
Secured Debt | HGV Securitized Debt 2024-2 with a weighted average rate of 5.685%, due 2038    
Debt Instrument [Line Items]    
Total debt, gross $ 251 302
Debt instrument, average interest rate 5.685%  
Secured Debt | HGV Securitized Debt 2024-1 with a weighted average rate of 6.419%, due 2039    
Debt Instrument [Line Items]    
Total debt, gross $ 125 175
Debt instrument, average interest rate 6.419%  
Secured Debt | HGV Securitized Debt 2020 with a weighted average rate of 3.658%, due 2039    
Debt Instrument [Line Items]    
Total debt, gross $ 57 67
Debt instrument, average interest rate 3.658%  
Secured Debt | HGV Securitized Debt 2024-3 with a weighted average rate of 5.182%, due 2040    
Debt Instrument [Line Items]    
Total debt, gross $ 390 482
Debt instrument, average interest rate 5.182%  
Secured Debt | HGV Securitized Debt 2025-1 with a weighted average rate of 5.066%, due 2042    
Debt Instrument [Line Items]    
Total debt, gross $ 300 0
Debt instrument, average interest rate 5.066%  
Secured Debt | Grand Islander Securitized Debt with a weighted average rate of 3.316%, due 2033    
Debt Instrument [Line Items]    
Total debt, gross $ 30 37
Debt instrument, average interest rate 3.316%  
Secured Debt | Diamond Resorts Owner Trust 2021 with a weighted average rate of 2.160%, due 2033    
Debt Instrument [Line Items]    
Total debt, gross $ 50 61
Debt instrument, average interest rate 2.16%  
Secured Debt | Bluegreen Securitized Debt 2018 with a weighted average rate of 4.019%, due 2034    
Debt Instrument [Line Items]    
Total debt, gross $ 14 17
Debt instrument, average interest rate 4.019%  
Secured Debt | Bluegreen Securitized Debt 2020 with a weighted average rate of 2.597%, due 2036    
Debt Instrument [Line Items]    
Total debt, gross $ 32 40
Debt instrument, average interest rate 2.597%  
Secured Debt | Bluegreen Securitized Debt 2022 with a weighted average rate of 4.599%, due 2037    
Debt Instrument [Line Items]    
Total debt, gross $ 70 87
Debt instrument, average interest rate 4.599%  
Secured Debt | Bluegreen Securitized Debt 2023 with a weighted average rate of 6.321%, due 2038    
Debt Instrument [Line Items]    
Total debt, gross $ 114 147
Debt instrument, average interest rate 6.321%  
Secured Debt | Quorum Purchase Facility with an average rate of 5.023%, due 2034    
Debt Instrument [Line Items]    
Total debt, gross $ 5 6
Debt instrument, average interest rate 5.023%  
Secured Debt | NBA Receivables Facility with an average rate of 6.077%, due 2031    
Debt Instrument [Line Items]    
Total debt, gross $ 24 33
Debt instrument, average interest rate 6.077%  
Secured Debt | NBA Receivables Facility    
Debt Instrument [Line Items]    
Total debt, gross $ 5 6
Revolving Credit Facility    
Debt Instrument [Line Items]    
Unamortized deferred financing costs $ 5 3
Revolving Credit Facility | Revolver with a rate of 5.974%, due 2030    
Debt Instrument [Line Items]    
Debt instrument, stated interest rate (as a percent) 5.974%  
Total debt, gross $ 160 $ 233