v3.26.3
Statement of Shareholders' Equity (Statement) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interest
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2024   67.1          
Issuance of shares for RSU/PSU vesting   0.6          
Repurchases of common stock   (1.3)          
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2025   66.4          
Beginning Balance, value at Dec. 31, 2024 $ (880) $ 2 $ (7,433) $ 4,328 $ 2,334 $ (112) $ 1
Net income attributable to Travel + Leisure Co. shareholders         73    
Net income attributable to Travel + Leisure Co. shareholders 73            
Other comprehensive income/(loss), net of tax 12         12  
Net share settlement of stock-based compensation (13)     (13)      
Issuance of shares for RSU/PSU vesting 1 1          
Change in stock-based compensation 14     14      
Repurchases $ (70)   (70)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.56            
Dividends, common stock $ (40)       (40)    
Non-controlling interest ownership change (1)           (1)
Other 1   (1) 2      
Ending Balance, value at Mar. 31, 2025 (903) $ 3 (7,504) 4,331 2,367 (100) 0
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2024   67.1          
Common Stock, Shares, Outstanding, Ending Balance at Sep. 30, 2025   64.3          
Beginning Balance, value at Dec. 31, 2024 (880) $ 2 (7,433) 4,328 2,334 (112) 1
Net income attributable to Travel + Leisure Co. shareholders 291            
Net income attributable to Travel + Leisure Co. shareholders 291            
Other comprehensive income/(loss), net of tax 43            
Employee stock purchase program issuances $ 5            
Common Stock, Dividends, Per Share, Cash Paid $ 1.68            
Ending Balance, value at Sep. 30, 2025 $ (821) $ 3 (7,645) 4,380 2,510 (69) 0
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2025   66.4          
Employee stock purchase program issuances   0.1          
Repurchases of common stock   (1.5)          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2025   65.0          
Beginning Balance, value at Mar. 31, 2025 (903) $ 3 (7,504) 4,331 2,367 (100) 0
Net income attributable to Travel + Leisure Co. shareholders         108    
Net income attributable to Travel + Leisure Co. shareholders 108            
Other comprehensive income/(loss), net of tax 34         34  
Employee stock purchase program issuances 5     5      
Change in stock-based compensation 12     12      
Repurchases $ (70)   (70)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.56            
Dividends, common stock $ (38)       (38)    
Non-controlling interest ownership change (1)           (1)
Ending Balance, value at Jun. 30, 2025 (853) $ 3 (7,574) 4,348 2,437 (66) (1)
Repurchases of common stock   (1.2)          
Common Stock, Shares, Outstanding, Ending Balance at Sep. 30, 2025   64.3          
Net income attributable to Travel + Leisure Co. shareholders 111       111    
Net income attributable to Travel + Leisure Co. shareholders 111            
Other comprehensive income/(loss), net of tax (3)         (3)  
Stock option exercises 20     20      
Net share settlement of stock-based compensation (1)     (1)      
Change in stock-based compensation 12     12      
Repurchases $ (70)   (70)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.56            
Dividends, common stock $ (38)       (38)    
Other 0   (1) 1      
Non-controlling interest ownership change 1           1
Ending Balance, value at Sep. 30, 2025 (821) $ 3 (7,645) 4,380 2,510 (69) 0
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2025   63.1          
Stock option exercises   0.1          
Issuance of shares for RSU/PSU vesting   0.4          
Repurchases of common stock   (1.2)          
Common Stock, Shares, Outstanding, Ending Balance at Mar. 31, 2026   62.4          
Beginning Balance, value at Dec. 31, 2025 (982) $ 3 (7,735) 4,405 2,412 (66) (1)
Net income attributable to Travel + Leisure Co. shareholders         79    
Net income attributable to Travel + Leisure Co. shareholders 79            
Other comprehensive income/(loss), net of tax 3         3  
Stock option exercises 4     4      
Net share settlement of stock-based compensation (16)     (16)      
Issuance of shares for RSU/PSU vesting 0 0          
Change in stock-based compensation 13     13      
Repurchases $ (87)   (87)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.60            
Dividends, common stock $ (38)       (38)    
Other 1   (1) 2      
Ending Balance, value at Mar. 31, 2026 (1,023) $ 3 (7,823) 4,408 2,453 (63) (1)
Common Stock, Shares, Outstanding, Beginning Balance at Dec. 31, 2025   63.1          
Common Stock, Shares, Outstanding, Ending Balance at Sep. 30, 2026   60.3          
Beginning Balance, value at Dec. 31, 2025 (982) $ 3 (7,735) 4,405 2,412 (66) (1)
Net income attributable to Travel + Leisure Co. shareholders 296            
Net income attributable to Travel + Leisure Co. shareholders 296            
Other comprehensive income/(loss), net of tax 5            
Employee stock purchase program issuances $ 6            
Common Stock, Dividends, Per Share, Cash Paid $ 1.80            
Ending Balance, value at Sep. 30, 2026 $ (1,007) $ 3 (7,988) 4,445 2,594 (61) 0
Common Stock, Shares, Outstanding, Beginning Balance at Mar. 31, 2026   62.4          
Stock option exercises   0.0          
Employee stock purchase program issuances   0.1          
Repurchases of common stock   (1.2)          
Common Stock, Shares, Outstanding, Ending Balance at Jun. 30, 2026   61.3          
Beginning Balance, value at Mar. 31, 2026 (1,023) $ 3 (7,823) 4,408 2,453 (63) (1)
Net income attributable to Travel + Leisure Co. shareholders         109    
Net income attributable to Travel + Leisure Co. shareholders 109            
Other comprehensive income/(loss), net of tax (1)         (1)  
Stock option exercises 1     1      
Net share settlement of stock-based compensation (1)     (1)      
Employee stock purchase program issuances 6     6      
Change in stock-based compensation 15     15      
Repurchases $ (88)   (88)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.60            
Dividends, common stock $ (38)       (38)    
Other 0   (1) 1      
Ending Balance, value at Jun. 30, 2026 (1,020) $ 3 (7,912) 4,430 2,524 (64) (1)
Repurchases of common stock   (1.0)          
Common Stock, Shares, Outstanding, Ending Balance at Sep. 30, 2026   60.3          
Net income attributable to Travel + Leisure Co. shareholders 108       108    
Net income attributable to Travel + Leisure Co. shareholders 108            
Other comprehensive income/(loss), net of tax 3         3  
Change in stock-based compensation 15     15      
Repurchases $ (75)   (75)        
Common Stock, Dividends, Per Share, Cash Paid $ 0.60            
Dividends, common stock $ (38)       (38)    
Other (1)   (1) 0      
Non-controlling interest ownership change 1           1
Ending Balance, value at Sep. 30, 2026 $ (1,007) $ 3 $ (7,988) $ 4,445 $ 2,594 $ (61) $ 0