CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 171	$ 126
Restricted cash and cash equivalents (including $14 and $32 in variable interest entities, "VIEs," respectively)	66	114
Accounts receivable, net of allowance for doubtful accounts of $0.7 and $0.4, respectively	122	97
Vacation ownership mortgages receivable, net of allowance of $2 and $1, respectively (including a net $55 and $59 in VIEs, respectively)	84	87
Vacation ownership inventory	295	197
Prepaid income taxes	37	47
Prepaid expenses	79	49
Other current assets (including $3 of interest receivable in VIEs)	31	29
Total current assets	885	746
Restricted cash and cash equivalents (including $2 in VIEs)	4	4
Vacation ownership mortgages receivable, net of allowance of $27 and $21, respectively (including a net $357 and $370 in VIEs, respectively)	627	632
Vacation ownership inventory	134	189
Investments in unconsolidated entities	60	59
Property and equipment, net	604	580
Goodwill	559	558
Intangible assets, net	449	453
Deferred income taxes	10	9
Other non-current assets	72	74
TOTAL ASSETS	3,404	3,304
LIABILITIES:
Accounts payable, trade	55	64
Current portion of securitized debt from VIEs	105	111
Deferred revenue	130	87
Accrued compensation and benefits	66	70
Accrued expenses and other current liabilities (including a net $1 of interest payable in VIEs)	222	187
Total current liabilities	578	519
Long-term debt	601	580
Securitized debt from VIEs	293	319
Income taxes payable, non-current	5	5
Other long-term liabilities	48	47
Deferred revenue	82	79
Deferred income taxes	173	161
Total liabilities	1,780	1,710
Redeemable noncontrolling interest	1	1
Commitments and contingencies
STOCKHOLDERS' EQUITY:
Preferred stock—authorized 25,000,000 shares, of which 100,000 shares are designated Series A Junior Participating Preferred Stock; $0.01 par value; none issued and outstanding
Common stock—authorized 300,000,000 shares; $0.01 par value; issued 134,822,999 and 133,545,864 shares, respectively	1	1
Treasury stock— 9,037,627 and 8,878,489 shares at cost, respectively	(139)	(136)
Additional paid-in capital	1,263	1,262
Retained earnings	517	492
Accumulated other comprehensive loss	(46)	(52)
Total ILG stockholders' equity	1,596	1,567
Noncontrolling interests	27	26
Total equity	1,623	1,593
TOTAL LIABILITIES AND EQUITY	$ 3,404	$ 3,304