v3.26.1
Earnings Per Share (Computation Of Basic And Diluted EPS) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Net income attributable to Travel + Leisure Co. shareholders $ 79 $ 73
Basic earnings per share    
Basic earnings per share [1] $ 1.25 $ 1.09
Diluted earnings per share    
Diluted earnings per share [1] $ 1.22 $ 1.07
Basic weighted average shares outstanding (in shares) 62.9 67.1
RSUs, PSUs, and NQs (in shares) [2],[3],[4] 1.5 1.1
Diluted weighted average shares outstanding (in shares) [5] 64.4 68.2
Aggregate dividends paid to shareholders [6] $ 41 $ 41
Common Stock, Dividends, Per Share, Cash Paid $ 0.60 $ 0.56
Restricted Stock Units (RSUs)    
Diluted earnings per share    
Shares excluded from computation of diluted EPS (in shares)   0.2
Performance Shares [Member]    
Diluted earnings per share    
Shares excluded from computation of diluted EPS (in shares) 0.5 0.9
Share-based Payment Arrangement, Option [Member]    
Diluted earnings per share    
Shares excluded from computation of diluted EPS (in shares)   0.1
[1] Earnings per share amounts are calculated using whole numbers.
[2] Excludes 0.1 million of outstanding non-qualified stock options (“NQs”) that would have been anti-dilutive to EPS for the three months ended March 31, 2025.
[3] Excludes 0.2 million of restricted stock units (“RSUs”) that would have been anti-dilutive to EPS for the three months ended March 31, 2025.
[4] Excludes performance-vested restricted stock units (“PSUs”) of 0.5 million and 0.9 million for the three months ended March 31, 2026 and 2025, as the Company has not met the required performance metrics. These PSUs could potentially dilute EPS in the future.
[5] The dilutive impact of the Company’s potential common stock is computed utilizing the treasury stock method using average market prices during the period.
[6] The Company paid cash dividends of $0.60 and $0.56 per share during the three months ended March 31, 2026 and 2025.