Consolidated Statements Of Cash Flows (USD $) In Millions	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Consolidated Statements Of Cash Flows
Net income	$ 361	$ 300
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	133	128
Provision for loan losses	255	258
Deferred income taxes	63	63
Stock-based compensation	31	30
Excess tax benefits from stock-based compensation	(17)	(14)
Asset impairment	13	4
Non-cash interest	21	51
Net change in assets and liabilities, excluding the impact of acquisitions:
Trade receivables	71	80
Vacation ownership contract receivables	(151)	(163)
Inventory	71	56
Prepaid expenses	(2)	12
Other current assets	17	13
Accounts payable, accrued expenses and other current liabilities	31	(60)
Due to former Parent and subsidiaries, net	(14)	(161)
Deferred income	(27)	(93)
Other, net	4	24
Net cash provided by operating activities	860	528
Investing Activities
Property and equipment additions	(153)	(100)
Net assets acquired, net of cash acquired	(27)	(159)
Equity investments and development advances	(8)	(9)
Proceeds from asset sales	26	20
Decrease/(increase) in securitization restricted cash	13	(7)
Increase in escrow deposit restricted cash		(6)
Other, net	(10)	1
Net cash used in investing activities	(159)	(260)
Financing Activities
Proceeds from securitized borrowings	1,243	1,252
Principal payments on securitized borrowings	(1,163)	(1,144)
Proceeds from long-term debt	1,771	1,099
Principal payments on long-term debt	(1,778)	(1,534)
Proceeds from note issuances	245	494
Repurchase of convertible notes	(262)	(197)
Proceeds from call options	155	105
Repurchase of warrants	(112)	(75)
Dividends to shareholders	(76)	(65)
Repurchase of common stock	(673)	(188)
Proceeds from stock option exercises	11	36
Excess tax benefits from stock-based compensation	17	14
Debt issuance costs	(21)	(29)
Other, net	(31)	(23)
Net cash used in financing activities	(674)	(255)
Effect of changes in exchange rates on cash and cash equivalents	(8)	2
Net increase in cash and cash equivalents	19	15
Cash and cash equivalents, beginning of period	156	155
Cash and cash equivalents, end of period	$ 175	$ 170