v3.26.1
Fair Value (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The carrying amounts and estimated fair values of all other financial instruments were as follows (in millions):
March 31, 2026December 31, 2025
Carrying
Amount
Estimated Fair ValueCarrying
 Amount
Estimated Fair Value
Assets
Vacation ownership contract receivables, net (Level 3)$2,609 $2,828 $2,638 $2,866 
Liabilities
Debt (Level 2)$5,754 $5,714 $5,598 $5,612