BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Revenues

Revenues

	Three Months Ended
($ in millions)	March 31, 2020			March 31, 2019
Vacation Ownership	$	908		$	905
Exchange & Third-Party Management	107			124
Total segment revenues	1,015			1,029
Corporate and other	(5		)	5
	$	1,010		$	1,034

Adjusted EBITDA reconciling items from segments

Adjusted EBITDA and Reconciliation to Net (Loss) Income Attributable to Common Shareholders

	Three Months Ended
($ in millions)	March 31, 2020			March 31, 2019
Adjusted EBITDA Vacation Ownership	$	147		$	172
Adjusted EBITDA Exchange & Third-Party Management	41			54
Reconciling items:
Corporate and other	(50		)	(60		)
Interest expense	(33		)	(34		)
Tax benefit (provision)	58			(15		)
Depreciation and amortization	(32		)	(37		)
Share-based compensation expense	(4		)	(9		)
Certain items	(233		)	(47		)
Net (loss) income attributable to common shareholders	$	(106	)	$	24

Reconciliation of assets from segments

($ in millions)	At March 31, 2020		At December 31, 2019
Vacation Ownership	$	7,446	$	7,345
Exchange & Third-Party Management	1,073		1,162
Total segment assets	8,519		8,507
Corporate and other	913		707
	$	9,432	$	9,214