0001104659-21-046373.txt : 20210405 0001104659-21-046373.hdr.sgml : 20210405 20210405103233 ACCESSION NUMBER: 0001104659-21-046373 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20210405 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210405 DATE AS OF CHANGE: 20210405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARRIOTT VACATIONS WORLDWIDE Corp CENTRAL INDEX KEY: 0001524358 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 452598330 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35219 FILM NUMBER: 21804104 BUSINESS ADDRESS: STREET 1: 6649 WESTWOOD BLVD. CITY: ORLANDO STATE: FL ZIP: 32821 BUSINESS PHONE: 407-206-6000 MAIL ADDRESS: STREET 1: 6649 WESTWOOD BLVD. CITY: ORLANDO STATE: FL ZIP: 32821 FORMER COMPANY: FORMER CONFORMED NAME: Marriott Vacations Worldwide Corp DATE OF NAME CHANGE: 20110627 8-K 1 tm2111975d2_8k.htm FORM 8-K
0001524358 false 0001524358 2021-04-05 2021-04-05 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) April 5, 2021

 

MARRIOTT VACATIONS WORLDWIDE CORPORATION

(Exact name of registrant as specified in its charter)

 

 

Delaware   001-35219   45-2598330
(State or other jurisdiction of
incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification Number)

 

6649 Westwood Blvd.  
Orlando Florida 32821
(Address of principal executive offices) (Zip Code)
   

Registrant’s telephone number, including area code: (407) 206-6000

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act.

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share VAC New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2).

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 8.01 Other Events
   

This current report on Form 8-K is filed for the purpose of filing the attached exhibit in connection with the prospectus supplement, dated April 5, 2021, filed with the Securities and Exchange Commission, which forms a part of the Registration Statement on Form S-3 (Registration Statement No. 333-253844).

 

2

 

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits. The following exhibits are being furnished with this report:

 

Exhibit
Number
  Description of Item
5.1   Opinion of Baker & Hostetler LLP
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

3

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

MARRIOTT VACATIONS WORLDWIDE CORPORATION  
   
BY: /s/ John E. Geller, Jr.  
  John E. Geller, Jr.  
  President and Chief Financial Officer  
   
Dated: April 5, 2021  

 

4

 

EX-5.1 2 tm2111975d2_ex5-1.htm EXHIBIT 5.1

 

Exhibit 5.1

 

 

 

 

April 5, 2021

 

Marriott Vacations Worldwide Corporation

6649 Westwood Blvd.

Orlando, FL 32821

 

Ladies and Gentlemen:

 

We have acted as counsel for Marriott Vacations Worldwide Corporation, a Delaware corporation (the “Company”), in connection with the offering of 1,421,428 shares of its common stock, par value $0.01 (the “Shares”), by certain selling stockholders as described in the Prospectus (as defined below), pursuant to a Registration Statement on Form S-3 (Registration Statement No. 333-253844) (the “Registration Statement”), filed by the Company with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), the prospectus included in the Registration Statement (the “Base Prospectus”), and the prospectus supplement, dated April 5, 2021, filed with the Commission pursuant to Rule 424(b) of the Rules and Regulations of the Act (together with the Base Prospectus, the “Prospectus”).

 

In connection with this opinion, we have examined and relied upon (a) the Registration Statement and the Prospectus, (b) the Company’s Certificate of Incorporation and Bylaws, each as currently in effect and in effect at the time of the issuance of the Shares, and (c) originals, or copies certified to our satisfaction, of such records, documents, certificates, opinions, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion contained herein. In our examination, we have assumed, but have not independently verified, the genuineness of all signatures, the conformity to original documents of all documents submitted to us as certified, facsimile or other copies, and the authenticity of all such documents. As to questions of fact material to this opinion, we have relied on certificates or comparable documents of public officials and of officers and representatives of the Company.

 

Based on the foregoing, and subject to the qualifications stated herein, we are of the opinion that the Shares have been validly issued and are fully paid and non-assessable.

 

The opinions expressed herein are limited to the General Corporation Law of the State of Delaware and we express no opinion as to the effect on the matters covered by this letter of the laws of any other jurisdiction.

 

 

 

 

We hereby consent to the filing of this letter as Exhibit 5.1 to the Registration Statement and to the reference to our firm under the caption “Validity of Securities” in the Prospectus. In giving such consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission.

 

  Very truly yours,
   
  /s/ Baker & Hostetler LLP
   
  Baker & Hostetler LLP

 

 

 

EX-101.SCH 3 vac-20210405.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 vac-20210405_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 5 vac-20210405_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 6 tm2111975d2_ex5-1img001.jpg GRAPHIC begin 644 tm2111975d2_ex5-1img001.jpg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end GRAPHIC 7 tm2111975d2_ex5-1img002.jpg GRAPHIC begin 644 tm2111975d2_ex5-1img002.jpg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end XML 8 tm2111975d2_8k_htm.xml IDEA: XBRL DOCUMENT 0001524358 2021-04-05 2021-04-05 iso4217:USD shares iso4217:USD shares 0001524358 false 8-K 2021-04-05 MARRIOTT VACATIONS WORLDWIDE CORP DE 001-35219 45-2598330 6649 Westwood Blvd. Orlando FL 32821 407 206-6000 false false false false Common Stock, par value $0.01 per share VAC NYSE false XML 9 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Cover
Apr. 05, 2021
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Apr. 05, 2021
Entity File Number 001-35219
Entity Registrant Name MARRIOTT VACATIONS WORLDWIDE CORP
Entity Central Index Key 0001524358
Entity Tax Identification Number 45-2598330
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 6649 Westwood Blvd.
Entity Address, City or Town Orlando
Entity Address, State or Province FL
Entity Address, Postal Zip Code 32821
City Area Code 407
Local Phone Number 206-6000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol VAC
Security Exchange Name NYSE
Entity Emerging Growth Company false
EXCEL 10 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( !!4A5('04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " 05(52W*+J6>\ K @ $0 &1O8U!R;W!S+V-O&ULS9)1 M2\,P$,>_BN2]O;15P=#E9<,G!<&!XEM(;EM8TX3DI-VWMXU;A^@'\#%W__SN M=W"M#D+[B"_1!XQD,=V,KNN3T&'%#D1! "1]0*=2.27ZJ;GST2F:GG$/0>FC MVB/4G-^#0U)&D8(96(2%R&1KM- 1%?EXQAN]X,-G[#+,:, .'?:4H"HK8'*> M&$YCU\(5,,,(HTO?!30+,5?_Q.8.L'-R3'9)#<-0#DW.33M4\/[\])K7+6R? M2/4:IU_)"CH%7+'+Y+=FO=D^,EGSNBKX;<'OMA4732WJAX_9]8??5=AY8W?V M'QM?!&4+O^Y"?@%02P,$% @ $%2%4IE&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T$W-I=MNTF83M M3A^%$5B-;'EDD81_OTV23;J;/ 0LZ?O.14?GZ#AY\^XN8NB&B)3R M> +]O6N[!3+ MUES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4?,_@5RU2-9:,! M$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA5,+$P&IG/U9K MQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M&N#C\7@XMLO2 MBW A(5M>5 TR M6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T1G*=D 4. #?$ MT4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH] M5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5 9<8WS2J-2S%UGB5P/&M MG#P=$Q+-E L&08:7)"82J3E^34@3_BNEVOZKR2.FJW"$2M"/F(9 M-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$.$9)>-T(^8LZ+ MD!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]072N0/)J<_Z3(T M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+ M.7\N?<^E[[GT/:'2MSAD6R4)RU3393>* M$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.WF)&Y M"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>(\J(A[J&&F,_# M0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R4E5@,5O& RN0 MHGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K>9;'!51W/55OR ML+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4XOT4SMA*7&+SC MYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9$N)-7>W5YYNTB42%(JP# 4A M%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+A=OB5,V[&KXF M8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.' MYA,L0Z1^P7V*BH 1JV*^NJ]/^26<.[1[\8$@F_S6VZ3VW> ,?-2K6J5D*Q$_ M2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F.-^'19H:,]6+K#F-"F]! MU4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04 M" 05(52'W0QS3X$ W$ & 'AL+W=OZ3T=TJ_F"WGEKPEL30WC:VUZ1?/,^&6)\Q< MJI1+N+-6.F$6NGKCF51S%N5!2>Q1W^]Z"1.R,>CGUV9ZT%>9C87D,TU,EB1, MO]_R6.UN&D'CX\)<;+;67? &_91M^(+;7].9AIY7J$0BX=(()8GFZYO&,/AR M2]LN('_BF^ [<]0F;B@KI5Y<9Q+=-'Q'Q&,>6B?!X.>5CW@<.R7@^.L@VBC> MZ0*/VQ_J]_G@83 K9OA(Q<\BLMN;1J]!(KYF66SG:O<+/PRHX_1"%9O\+]GM MGVVW&R3,C%7)(1@($B'WO^SMD(CC /]$ #T$T)Q[_Z*<\HY9-NAKM2/:/0UJ MKI$/-8\&."'=K"RLAKL"XNQ@I%ZY[GL6I-P%+SR$W>[#Z(FP8:HOB=]I$NK3 MX)_A'A 4&+3 H+E>"\,@?PQ7QFJ8J#\1R58AV\JH1 MXN&]BZ\(1+N :*,J0R"(65"8*UWD3Z7))O@U'P^5D^K3X_#R=/]P]3^[& M9#2=SQ#67L':.X=U!#.K64PF,N)OY"M_KZ+%E7Q(88>V6YT>@G5=8%V?@[5D M;V02 9M8BY#E)GQZ@G'%=N>"=JY[K9:/X 5^:7K^.8 3&2J=*IVS- MN;$[!29P&[]&EQAJZ=X!_4^H(]>#1"[53E9BXG)3'3,9*0RMK (![N/?HQ63 M/-/J52@K!@+ ,![MX+%8M06"$WY!&6MQ8LKN3!56IY2O\/ M<+N>:7X10GHX?%_[/1AL@V"#-UVO3\P?KE='1DOGI[@W_XML8DP&9'6 -;*U M@*7K4]RBE\+"1DBM24!_7/U$%CS,8+U55O0:);<^H>0NK I?FB1EFKRR../D M!__2#T@*HS5;IE'JH^T[[MA+S2*W^A;OR4I5KKT: =@D82"EW5/ZL1>OIM@95Q6KH\/BGT'!;IU[I$Q6S^O_/!-X1\= M=Z1^9.Z-AL1\#4+^Y14XMMZ?4O<=J]+\9+A2%LZ9>7,+)WNNW0-P?ZV4_>BX MPV;QOX+!WU!+ P04 " 05(52GZ ;\+$" #B# #0 'AL+W-T>6QE MO%DN7/ZZZ>S M;"=I=67=A['-HN6/O. M-%Q[I#)6,>=56R=M8SDK6W!2,EG>W&2)8D+38JT[=:=<2PZFTVY#;VA2K"NC MSY:4!H-?RA0GCTQNZ)9)L;=B6,N4D*=@7H+A8*2QQ'DJ?$,78&F? KP(&K < MXRBAC05C$C*$[_VX_!DP::U7A90SP24-AF+=,.>XU7=>&18/QA<0&>7=J?$, M:\M.B^4M/3L,/S[)WMB2VSG-@DZF8BUY!72LJ(_PZTR3 .B<45XH!:N-9@.' MR6,4?-@#E_(!6OBMNHK=5R3TXE,);2"PU4GTA$8QA D*Q+^,%F)?A+W]K;"D M$8_&?>S\;O2@?^^,X_>65Z(?]+Z:\V/1%WATUC3R]$&*6BL>]O[+"8LUF_S( MT5CQY+/!I!R\@5M*'KEUXG!I^6%9L^.]FZ:IKW#.RW^0\Y^M<\TUMTQ>DO:C M_S=7^2V,D_'T7!S1JP,Z6PEY7>>9 ]IV03NA1.XJRY/K%.?7A'=O[ M"_PJOE]?\HIUTNUF<$//\A=>BD[E\ZI[J,NXZBQ_AOMHD\%G'!QR>(W?#$T%^@2O&+(=/EB>N$_NG_A.\SQ-LPRKZ'8;9;#%ZI9E\!>/AG$##RP/9'I; MK?%NXQ/R^AQ@/7UM0K"=XI.([12O-2#QNH%'GL>[C>4!#ZP+V.Q _G@>F*FX M3YI"5S%NV G&D3S'$)C%^(QF&5*=##[Q_F"G)$WS/(X %F>0IA@"IQ%', ; M 4/2='@//GL?)=-[*CG_5U/\!%!+ P04 " 05(52EXJ[', 3 @ M"P %]R96QS+RYR96QSG9*Y;L,P#$!_Q=">, ?0(8@S9?$6!/D!5J(/V!(% MBD6=OZ_:I7&0"QEY/3P2W!YI0.TXI+:+J1C]$%)I6M6X 4BV)8]ISI%"KM0L M'C6'TD!$VV-#L%HL/D N&6:WO606IW.D5XA-/E_G;@2=&A(E@6FD7)TZ(=I7\=Q_:0T^FO M8R*T>EOH^7%H5 J.W&,EC'%BM/XU@LD/['X 4$L#!!0 ( !!4A5*JQ"(6 M,P$ "(" / >&PO=V]R:V)O;VLN>&ULC5'1;L(P#/R5*A^P%K0A#5%> M0-N0I@V-B??0NM0BB2O'A8VOG]NJ&M)>]I31=B;FJ1 M9IZFL:C!VWA'#02=5,3>BD(^IK%AL&6L <2[=)IEL]1;#&:Y&+6VG-X"$B@$ M*2C9$7N$2_R==S Y8\0#.I3OW/1W!R;Q&-#C%B/%*0:S;%4S. MY68R#/; @L4?>M>9_+2'V#-B#Q]6C>1FEJE@A1REW^CUK7H\@RX/J!5Z0B? M:ROPS-0V&(Z=C*9(;V+T/8SG4.*<_U,C5146L*:B]1!DZ)'!=09#K+&))@G6 M0VY6= ;N\N@#FW+()FKJIBF>HPYX4P[V1D\E5!B@?%.9J+SV4VPYZ8Y>9WK_ M,'G4'EKG5LJ]AU>RY1AQ_)[E#U!+ P04 " 05(52)!Z;HJT #X 0 M&@ 'AL+U]R96QS+W=O[IFBG#S^0W1UW6E\ M./VR./ /,+Q=Z*E%9"E*%1KD3,)HMC;!4N++3):BJ#(9BBJ6<%H@XLD@;6E6 M?;!/3K3G>1,)KM\,<'AT_@%02P,$% @ $%2%4F60>9(9 0 MSP, !, !;0V]N=&5N=%]4>7!E&ULK9--3L,P$(6O$F5;)2XL6*"F M&V +77 !8T\:J_Z39UK2VS-.VDJ@$A6%3:QXWKS/GI>LWH\1L.B=]=B4'5%\ M% )5!TYB'2)XKK0A.4G\FK8B2K636Q#WR^6#4,$3>*HH>Y3KU3.T.EY M&TWP39G 8ED\C<+,:DH9HS5*$M?%P>L?E.I$J+EST&!G(BY84(JKA%SY'7#J M>SM 2D9#L9&)7J5CE>BM0#I:P'K:XLH90]L:!3JHO>.6&F,"J;$#(&?KT70Q M32:>,(S/N]G\P68*R,I-"A$YL01_QYTCR=U59"-(9*:O>"&R]>S[04Y;@[Z1 MS>/]#&DWY(%B6.;/^'O&%_\;SO$1PNZ_/[&\UDX:?^:+X3]>?P%02P$"% ,4 M " 05(52!T%-8H$ "Q $ @ $ 9&]C4')O M<',O87!P+GAM;%!+ 0(4 Q0 ( !!4A5+&UL4$L! A0#% @ $%2%4A]T,7!E&UL4$L%!@ ) D /@( -83 $ $! end XML 11 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 1 96 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://marriottvacationclub.com/role/Cover Cover Cover 1 false false All Reports Book All Reports tm2111975d2_8k.htm tm2111975d2_ex5-1.htm vac-20210405.xsd vac-20210405_lab.xml vac-20210405_pre.xml http://xbrl.sec.gov/dei/2020-01-31 true false JSON 15 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "tm2111975d2_8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml", "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml" ] }, "inline": { "local": [ "tm2111975d2_8k.htm" ] }, "labelLink": { "local": [ "vac-20210405_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "vac-20210405_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "vac-20210405.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd", "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2020-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "VAC", "nsuri": "http://marriottvacationclub.com/20210405", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2111975d2_8k.htm", "contextRef": "From2021-04-05to2021-04-05", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "role": "http://marriottvacationclub.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "tm2111975d2_8k.htm", "contextRef": "From2021-04-05to2021-04-05", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r9", "r11", "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://marriottvacationclub.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r10": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a" }, "r11": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r12": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r13": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1" }, "r14": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r15": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r16": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r17": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" }, "r18": { "Name": "Securities Act", "Number": "Section", "Publisher": "SEC", "Section": "12" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r9": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310" } }, "version": "2.1" } ZIP 16 0001104659-21-046373-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-21-046373-xbrl.zip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end