REVENUE (Tables)

12 Months Ended

Dec. 31, 2017

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following series of tables present our revenue disaggregated by several categories.

Sources of Revenue by Segment

	2017
($ in millions)	North America		Asia Pacific		Europe		Total
Sale of vacation ownership products	$	692	$	42	$	23	$	757
Ancillary revenues	101		—		17		118
Management fee revenues	80		3		6		89
Other services revenues	69		1		2		72
Resort management and other services	250		4		25		279
Rental	232		10		20		262
Cost reimbursements	698		7		45		750
Revenue from contracts with customers	$	1,872	$	63	$	113	$	2,048
Financing	128		4		3		135
Total Revenues	$	2,000	$	67	$	116	$	2,183

	2016
($ in millions)	North America		Asia Pacific		Europe		Total
Sale of vacation ownership products	$	559	$	40	$	24	$	623
Ancillary revenues	102		6		16		124
Management fee revenues	76		2		6		84
Other services revenues	66		2		2		70
Resort management and other services	244		10		24		278
Rental	219		15		18		252
Cost reimbursements	670		5		45		720
Revenue from contracts with customers	$	1,692	$	70	$	111	$	1,873
Financing	120		4		3		127
Total Revenues	$	1,812	$	74	$	114	$	2,000

	2015
($ in millions)	North America		Asia Pacific		Europe		Total
Sale of vacation ownership products	$	605	$	58	$	30	$	693
Ancillary revenues	101		7		17		125
Management fee revenues	70		3		6		79
Other services revenues	61		2		2		65
Resort management and other services	232		12		25		269
Rental	227		14		19		260
Cost reimbursements	667		5		48		720
Revenue from contracts with customers	$	1,731	$	89	$	122	$	1,942
Financing	117		4		4		125
Total Revenues	$	1,848	$	93	$	126	$	2,067

Timing of Revenue from Contracts with Customers by Segment

	2017
($ in millions)	North America		Asia Pacific		Europe		Total
Services transferred over time	$	815	$	44	$	40	$	899
Goods or services transferred at a point in time	1,057		19		73		1,149
Revenue from contracts with customers	$	1,872	$	63	$	113	$	2,048

	2016
($ in millions)	North America		Asia Pacific		Europe		Total
Services transferred over time	$	681	$	47	$	41	$	769
Goods or services transferred at a point in time	1,011		23		70		1,104
Revenue from contracts with customers	$	1,692	$	70	$	111	$	1,873

	2015
($ in millions)	North America		Asia Pacific		Europe		Total
Services transferred over time	$	728	$	67	$	48	$	843
Goods or services transferred at a point in time	1,003		22		74		1,099
Revenue from contracts with customers	$	1,731	$	89	$	122	$	1,942

Contract with Customer, Asset and Liability

The following table shows the composition of our receivables and contract liabilities. We had no contract assets at either December 31, 2017 or December 30, 2016.

($ in millions)	At Year-End 2017		At Year End 2016
Receivables
Accounts receivable	$	73	$	55
Vacation ownership notes receivable, net	1,115		970
	$	1,188	$	1,025
Contract Liabilities
Advance deposits	$	84	$	82
Deferred revenue	69		59
	$	153	$	141