CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
OPERATING ACTIVITIES
Net (loss) income	$ 53	$ (256)	$ 142
Adjustments to reconcile net income (loss) to net cash, cash equivalents, and restricted cash provided by operating activities:
Depreciation and amortization of intangibles	146	123	141
Amortization of debt discount and issuance costs	56	22	19
Vacation ownership notes receivable reserve	101	150	112
Share-based compensation	51	36	33
Impairment charges	3	100	99
Gain on disposal of property and equipment, net	0	(4)	(18)
Deferred income taxes	34	(38)	5
Net change in assets and liabilities, net of the effects of acquisition:
Accounts receivable	0	21	69
Vacation ownership notes receivable originations	(750)	(377)	(817)
Vacation ownership notes receivable collections	686	620	493
Inventory	61	18	65
Other assets	(46)	44	37
Accounts payable, advance deposits and accrued liabilities	42	(146)	17
Deferred revenue	88	59	10
Payroll and benefit liabilities	35	(29)	(25)
Deferred compensation liability	22	17	18
Other liabilities	27	0	23
Deconsolidation of certain Consolidated Property Owners' Associations	(168)	0	0
Purchase of vacation ownership units for future transfer to inventory	(98)	(61)	(20)
Other, net	0	0	(21)
Net cash, cash equivalents, and restricted cash provided by operating activities	343	299	382
INVESTING ACTIVITIES
Acquisition of a business, net of cash and restricted cash acquired	(157)	0	0
Proceeds from collection of notes receivable	0	0	38
Capital expenditures for property and equipment (excluding inventory)	(47)	(41)	(46)
Purchase of company owned life insurance	(14)	(6)	(6)
Dispositions, net	3	15	51
Other, net	2	0	0
Net cash, cash equivalents, and restricted cash (used in) provided by investing activities	(213)	(32)	37
FINANCING ACTIVITIES
Borrowings from securitization transactions	957	690	1,026
Repayment of debt related to securitization transactions	(868)	(960)	(880)
Proceeds from debt	1,111	1,166	935
Repayments of debt	(1,339)	(705)	(820)
Purchase of convertible note hedges	(100)	0	0
Proceeds from issuance of warrants	70	0	0
Payment of debt issuance costs	(22)	(14)	(20)
Finance lease payment	(5)	(11)	(12)
Repurchase of common stock	(78)	(82)	(465)
Payment of dividends	(23)	(45)	(81)
Payment of withholding taxes on vesting of restricted stock units	(20)	(16)	(15)
Other, net	0	0	1
Net cash, cash equivalents, and restricted cash (used in) provided by financing activities	(317)	23	(331)
Effect of changes in exchange rates on cash, cash equivalents, and restricted cash	(2)	1	(1)
Change in cash, cash equivalents, and restricted cash	(189)	291	87
Cash, cash equivalents, and restricted cash, beginning of year	992	701	614
Cash, cash equivalents, and restricted cash, end of year	803	992	701
SUPPLEMENTAL DISCLOSURES
Dividends payable	23	0	23
Non-cash issuance of treasury stock in connection with Welk Acquisition	248	0	0
Non-cash transfer from inventory to property and equipment	105	74	0
Non-cash transfer from property and equipment to inventory	2	0	71
Non-cash transfer from other assets to property and equipment	22	0	0
Non-cash issuance of treasury stock for employee stock purchase plan	3	2	2
Interest paid, net of amounts capitalized	184	176	167
Income taxes paid, net of refunds	$ (13)	$ (32)	$ 53