ASSET SECURITIZATIONS (Tables)

12 Months Ended

Dec. 30, 2011

Cash Flows Between Us and Investors

The following table shows cash flows between us and investors during 2009. In 2010, we consolidated the entities that facilitated our notes receivable securitizations. See Footnote No. 20, “Variable Interest Entities” for discussion of the impact of our involvement with these entities on our financial position, financial performance, and cash flows for 2010 and 2011.

($ in millions)	2009
Net proceeds to us from timeshare note securitizations	$	349
Voluntary repurchases by us of defaulted notes (over 150 days overdue)	$	81
Servicing fees received by us	$	6
Cash flows received from our retained interests	$	75