Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities (Assets And Liabilities Of Vacation Ownership SPEs) (Details)

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Variable Interest Entities (Assets And Liabilities Of Vacation Ownership SPEs) (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Schedule Of Transfer And Financial Assets [Line Items]      
Restricted cash (VIE - $94 as of 2021 and $92 as of 2020) $ 128 $ 121 $ 122
Other assets 382 387  
Total assets 6,601 7,613  
Total SPE liabilities 7,450 8,581  
Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Deferred financing cost related to securitized debt 16 21  
Non-recourse bank conduit facility [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Less: Outstanding borrowings [1] 452    
Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Restricted cash (VIE - $94 as of 2021 and $92 as of 2020) 94 92  
Variable Interest Entity, Primary Beneficiary [Member] | Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Securitized contract receivables, gross [2] 2,136 2,458  
Restricted cash (VIE - $94 as of 2021 and $92 as of 2020) [3] 94 92  
Interest receivables on securitized contract receivables [4] 17 23  
Other assets [5] 6 5  
Total assets 2,253 2,578  
Other liabilities [6] 7 2  
Total SPE liabilities 1,964 2,236  
SPE assets in excess of SPE liabilities 289 342  
Variable Interest Entity, Primary Beneficiary [Member] | Term Notes [Member] | Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Less: Outstanding borrowings [7],[8] 1,505 1,893  
Variable Interest Entity, Primary Beneficiary [Member] | Non-recourse bank conduit facility [Member] | Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Less: Outstanding borrowings [7] $ 452 $ 341  
[1] Consists of the Company’s USD bank conduit facility and AUD/NZD bank conduit facility. The capacity of these facilities is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings.
[2] The Company does not allocate allowance for loan losses to SPEs. This amount is included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets.
[3] Included in Restricted cash on the Condensed Consolidated Balance Sheets.
[4] Included in Trade receivables, net on the Condensed Consolidated Balance Sheets.
[5] Primarily includes deferred financing costs for the bank conduit facility and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets.
[6] Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.
[7] Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets.
[8] Includes deferred financing costs of $16 million and $21 million as of September 30, 2021 and December 31, 2020, related to non-recourse debt.