INTERIM CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 183	$ 231
Restricted cash (including $55 and $69 from VIEs, respectively)	322	383
Accounts receivable, net (including $12 and $11 from VIEs, respectively)	372	324
Vacation ownership notes receivable, net (including $1,586 and $1,627 from VIEs, respectively)	2,168	2,039
Inventory	910	863
Property and equipment	770	951
Goodwill	2,890	2,828
Intangibles, net	1,044	1,107
Other (including $36 and $26 from VIEs, respectively)	400	292
TOTAL ASSETS	9,059	9,018
LIABILITIES AND EQUITY
Accounts payable	248	301
Advance deposits	185	171
Accrued liabilities (including $2 and $2 from VIEs, respectively)	293	250
Deferred revenue	436	383
Payroll and benefits liability	185	206
Deferred compensation liability	104	93
Securitized debt, net (including $1,680 and $1,706 from VIEs, respectively)	1,686	1,714
Debt, net	2,294	2,104
Other	199	12
Deferred taxes	307	318
TOTAL LIABILITIES	5,937	5,552
Contingencies and Commitments (Note 11)
Preferred stock — $0.01 par value; 2,000,000 shares authorized; none issued or outstanding	0	0
Common stock — $0.01 par value; 100,000,000 shares authorized; 57,874,390 and 57,626,462 shares issued, respectively	1	1
Treasury stock — at cost; 15,281,979 and 11,633,731 shares, respectively	(1,130)	(790)
Additional paid-in capital	3,740	3,721
Accumulated other comprehensive (loss) income	(19)	6
Retained earnings	520	523
TOTAL MVW SHAREHOLDERS' EQUITY	3,112	3,461
Noncontrolling interests	10	5
TOTAL EQUITY	3,122	3,466
TOTAL LIABILITIES AND EQUITY	$ 9,059	$ 9,018