v3.26.3
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Carrying and Estimated Fair Value Amounts
The carrying amounts and estimated fair values of our financial assets and liabilities were as follows:
September 30, 2026
Fair Value
($ in millions)Carrying
Amount
Level 1Level 3
Assets:
Timeshare financing receivables, net
$3,676 $— $3,906 
Liabilities:
Debt, net
4,885 4,234 584 
Non-recourse debt, net
2,891 2,320 551 
December 31, 2025
Fair Value
($ in millions)Carrying
Amount
Level 1Level 3
Assets:
Timeshare financing receivables, net
$3,115 $— $3,419 
Liabilities:
Debt, net
4,545 4,352 233 
Non-recourse debt, net
2,716 2,128 640