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SHARE-BASED COMPENSATION (Tables)
 3 Months Ended
Mar. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of compensation cost for share-based payment arrangements, allocation of share-based compensation costs by plan
The following table details our share-based compensation expense related to award grants to our officers, directors, and employees:
 
Three Months Ended
($ in millions)
March 31, 2020
 
March 31, 2019
Service-based RSUs
$
4

 
$
3

Performance-based RSUs
(2
)
 
1

ILG Acquisition Converted RSUs
1

 
4

 
3

 
8

SARs
1

 
1

Stock options
—

 
—

 
$
4

 
$
9
Schedule of unrecognized compensation cost, nonvested awards
The following table details our deferred compensation costs related to unvested awards:
($ in millions)
At March 31, 2020
 
At December 31, 2019
Service-based RSUs
$
35

 
$
17

Performance-based RSUs
5

 
10

ILG Acquisition Converted RSUs
2

 
3

 
42

 
30

SARs
4

 
1

Stock options
—

 
—

 
$
46

 
$
31
Assumptions used to estimate fair value of grants
The following table outlines the assumptions used to estimate the fair value of grants during the first quarter of 2020:
Expected volatility
38.81%
Dividend yield
2.13%
Risk-free rate
0.96%
Expected term (in years)
6.25