GOODWILL (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table details the carrying amount of our goodwill at December 31, 2021 and December 31, 2020, and reflects goodwill attributed to the ILG Acquisition and the Welk Acquisition.

($ in millions)	Vacation Ownership Segment		Exchange & Third-Party Management Segment		Total Consolidated
Balance at December 31, 2019	$	2,445	$	447	$	2,892
Impairment	—		(73)		(73)
Foreign exchange adjustments	—		(2)		(2)
Balance at December 31, 2020	2,445		372		2,817
Welk Acquisition	299		—		299
Measurement period adjustments	34		—		34
Balance at December, 2021	$	2,778	$	372	$	3,150

2021

During the 2021 fourth quarter, we conducted our annual goodwill impairment test, which was a qualitative evaluation, and no impairment charges were recorded. The estimated fair values of all of our reporting units significantly exceeded their carrying values at the date of their most recent estimated fair value determination.