Consolidated Statements Of Cash Flows (USD $) In Millions	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Consolidated Statements Of Cash Flows
Net income	$ 186	$ 145
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	90	85
Provision for loan losses	159	174
Deferred income taxes	52	41
Stock-based compensation	21	20
Excess tax benefits from stock-based compensation	(17)	(13)
Asset impairment	13
Non-cash interest	15	39
Net change in assets and liabilities, excluding the impact of acquisitions:
Trade receivables	53	63
Vacation ownership contract receivables	(63)	(86)
Inventory	59	23
Prepaid expenses	(13)	(13)
Other current assets	4	17
Accounts payable, accrued expenses and other current liabilities	97	78
Due to former Parent and subsidiaries, net	(15)	(2)
Deferred income	64	(5)
Other, net	(9)	(9)
Net cash provided by operating activities	696	557
Investing Activities
Property and equipment additions	(96)	(63)
Net assets acquired, net of cash acquired		(105)
Equity investments and development advances	(5)	(8)
Proceeds from asset sales	18	16
Decrease/(increase) in securitization restricted cash	9	(20)
Increase in escrow deposit restricted cash	(18)	(5)
Other, net	(12)	2
Net cash used in investing activities	(104)	(183)
Financing Activities
Proceeds from securitized borrowings	770	749
Principal payments on securitized borrowings	(733)	(710)
Proceeds from long-term debt	1,002	621
Principal payments on long-term debt	(1,087)	(1,059)
Proceeds from note issuances	245	247
Repurchase of convertible notes	(262)
Proceeds from call options	155
Repurchase of warrants	(112)
Dividends to shareholders	(53)	(44)
Repurchase of common stock	(370)	(69)
Proceeds from stock option exercises	10	16
Excess tax benefits from stock-based compensation	17	13
Debt issuance costs	(10)	(24)
Other, net	(29)	(23)
Net cash used in financing activities	(457)	(283)
Effect of changes in exchange rates on cash and cash equivalents	5	(7)
Net increase in cash and cash equivalents	140	84
Cash and cash equivalents, beginning of period	156	155
Cash and cash equivalents, end of period	$ 296	$ 239