REVENUE AND RECEIVABLES (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of Disaggregation of Revenue |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Sale of vacation ownership products | $ | 459 | | | $ | — | | | $ | — | | | $ | 459 | | | | | | | | | | | Ancillary revenues | 67 | | | 1 | | | — | | | 68 | | | Management fee revenues | 56 | | | 1 | | | (1) | | | 56 | | | Exchange and other services revenues | 34 | | | 37 | | | 17 | | | 88 | | | Management and exchange | 157 | | | 39 | | | 16 | | | 212 | | | | | | | | | | | Rental | 146 | | | 9 | | | — | | | 155 | | | | | | | | | | | Cost reimbursements | 451 | | | 4 | | | (9) | | | 446 | | | Revenue from contracts with customers | 1,213 | | | 52 | | | 7 | | | 1,272 | | | | | | | | | | | Financing | 95 | | | — | | | — | | | 95 | | | Total Revenues | $ | 1,308 | | | $ | 52 | | | $ | 7 | | | $ | 1,367 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2025 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Sale of vacation ownership products | $ | 358 | | | $ | — | | | $ | — | | | $ | 358 | | | | | | | | | | | Ancillary revenues | 69 | | | 1 | | | — | | | 70 | | | Management fee revenues | 56 | | | 2 | | | (1) | | | 57 | | | Exchange and other services revenues | 33 | | | 40 | | | 14 | | | 87 | | | Management and exchange | 158 | | | 43 | | | 13 | | | 214 | | | | | | | | | | | Rental | 142 | | | 8 | | | — | | | 150 | | | | | | | | | | | Cost reimbursements | 462 | | | 2 | | | (13) | | | 451 | | | Revenue from contracts with customers | 1,120 | | | 53 | | | — | | | 1,173 | | | | | | | | | | | Financing | 90 | | | — | | | — | | | 90 | | | Total Revenues | $ | 1,210 | | | $ | 53 | | | $ | — | | | $ | 1,263 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Sale of vacation ownership products | $ | 1,232 | | | $ | — | | | $ | — | | | $ | 1,232 | | | | | | | | | | | Ancillary revenues | 206 | | | 3 | | | — | | | 209 | | | Management fee revenues | 168 | | | 5 | | | (2) | | | 171 | | | Exchange and other services revenues | 105 | | | 117 | | | 51 | | | 273 | | | Management and exchange | 479 | | | 125 | | | 49 | | | 653 | | | | | | | | | | | Rental | 478 | | | 26 | | | — | | | 504 | | | | | | | | | | | Cost reimbursements | 1,293 | | | 12 | | | (29) | | | 1,276 | | | Revenue from contracts with customers | 3,482 | | | 163 | | | 20 | | | 3,665 | | | | | | | | | | | Financing | 279 | | | — | | | — | | | 279 | | | Total Revenues | $ | 3,761 | | | $ | 163 | | | $ | 20 | | | $ | 3,944 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Sale of vacation ownership products | $ | 1,083 | | | $ | — | | | $ | — | | | $ | 1,083 | | | | | | | | | | | Ancillary revenues | 209 | | | 3 | | | — | | | 212 | | | Management fee revenues | 166 | | | 6 | | | (2) | | | 170 | | | Exchange and other services revenues | 103 | | | 121 | | | 42 | | | 266 | | | Management and exchange | 478 | | | 130 | | | 40 | | | 648 | | | | | | | | | | | Rental | 451 | | | 28 | | | — | | | 479 | | | | | | | | | | | Cost reimbursements | 1,253 | | | 6 | | | (28) | | | 1,231 | | | Revenue from contracts with customers | 3,265 | | | 164 | | | 12 | | | 3,441 | | | | | | | | | | | Financing | 268 | | | — | | | — | | | 268 | | | Total Revenues | $ | 3,533 | | | $ | 164 | | | $ | 12 | | | $ | 3,709 | |
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| Schedule of Revenue Remaining Performance Obligation |
The following tables detail the timing of revenue from contracts with customers by segment for the time periods presented. | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Services transferred over time | $ | 684 | | | $ | 21 | | | $ | 7 | | | $ | 712 | | | Goods or services transferred at a point in time | 529 | | | 31 | | | — | | | 560 | | | Revenue from contracts with customers | $ | 1,213 | | | $ | 52 | | | $ | 7 | | | $ | 1,272 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2025 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Services transferred over time | $ | 691 | | | $ | 20 | | | $ | — | | | $ | 711 | | | Goods or services transferred at a point in time | 429 | | | 33 | | | — | | | 462 | | | Revenue from contracts with customers | $ | 1,120 | | | $ | 53 | | | $ | — | | | $ | 1,173 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Services transferred over time | $ | 2,029 | | | $ | 66 | | | $ | 20 | | | $ | 2,115 | | | Goods or services transferred at a point in time | 1,453 | | | 97 | | | — | | | 1,550 | | | Revenue from contracts with customers | $ | 3,482 | | | $ | 163 | | | $ | 20 | | | $ | 3,665 | |
| | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | ($ in millions) | Vacation Ownership | | Exchange & Third-Party Management | | Corporate and Other | | Total | | Services transferred over time | $ | 1,959 | | | $ | 62 | | | $ | 12 | | | $ | 2,033 | | | Goods or services transferred at a point in time | 1,306 | | | 102 | | | — | | | 1,408 | | | Revenue from contracts with customers | $ | 3,265 | | | $ | 164 | | | $ | 12 | | | $ | 3,441 | |
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| Schedule of Contract with Customer, Asset and Liability |
The following table shows the composition of our receivables from contracts with customers and contract liabilities. We had no contract assets at either September 30, 2026 or December 31, 2025. | | | | | | | | | | | | | ($ in millions) | At September 30, 2026 | | At December 31, 2025 | | Receivables from Contracts with Customers | | | | | Accounts and contracts receivable, net | $ | 285 | | | $ | 271 | | | Vacation ownership notes receivable, net | 2,676 | | | 2,565 | | | $ | 2,961 | | | $ | 2,836 | | Contract Liabilities(1) | | | | Advance deposits | $ | 167 | | | $ | 163 | | Deferred revenue and other | 358 | | | 371 | | | $ | 525 | | | $ | 534 | |
(1)Includes $103 million and $99 million of other refundable deposits at September 30, 2026 and December 31, 2025, respectively.
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| Schedule of Accounts and Nontrade Receivable |
The following table shows the composition of our accounts and contracts receivable balances: | | | | | | | | | | | | | ($ in millions) | At September 30, 2026 | | At December 31, 2025 | | Receivables from contracts with customers, net | $ | 285 | | | $ | 271 | | | Interest receivable | 20 | | | 20 | | | Tax receivable | 58 | | | 77 | | | Indemnification assets | 35 | | | 40 | | | | | | | Other | 21 | | | 20 | | | $ | 419 | | | $ | 428 | |
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