Vacation Ownership Contract Receivables (Tables)

6 Months Ended

Jun. 30, 2011

Vacation Ownership Contract Receivables

Current And Long-Term Vacation Ownership Contract Receivables

	June 30,			December 31,
	2011			2010
Current vacation ownership contract receivables:
Securitized	$	259		$	266
Non-securitized		75			65
		334			331
Less: Allowance for loan losses		(37	)		(36	)
Current vacation ownership contract receivables, net	$	297		$	295
Long-term vacation ownership contract receivables:
Securitized	$	2,263		$	2,437
Non-securitized		663			576
		2,926			3,013
Less: Allowance for loan losses		(325	)		(326	)
Long-term vacation ownership contract receivables, net	$	2,601		$	2,687

Allowance For Loan Losses On Vacation Ownership Contract Receivables

	Amount
Allowance for loan losses as of December 31, 2010	$	(362	)
Provision for loan losses		(159	)
Contract receivables write-offs, net		159
Allowance for loan losses as of June 30, 2011	$	(362	)

Credit Quality For Financed Receivables And The Allowance For Credit Losses

	As of June 30, 2011
	700+		600-699		<600		No Score			Total
Current	$	1,389	$	978	$	386	$	378		$	3,131
31—60 days		10		18		27		7			62
61—90 days		6		11		20		3			40
91—120 days		2		7		15		3			27
Total	$	1,407	$	1,014	$	448	$	391	(*)	$	3,260

	As of December 31, 2010
	700+		600-699		<600		No Score			Total
Current	$	1,415	$	990	$	426	$	356		$	3,187
31—60 days		10		23		34		6			73
61—90 days		7		14		22		4			47
91—120 days		5		10		19		3			37
Total	$	1,437	$	1,037	$	501	$	369	(*)	$	3,344

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^(*)   The total no score contract receivables balances of $391 million and $369 million as of June 30, 2011 and December 31, 2010, respectively, include $327 million and $309 million, respectively, of contract receivables at Wyndham Vacation Resorts Asia Pacific.