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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
ILG, Inc
Welk
Previously Reported
Revision of Prior Period, Accounting Standards Update, Adjustment
Total MVW Shareholders' Equity
Total MVW Shareholders' Equity
Welk
Total MVW Shareholders' Equity
Previously Reported
Total MVW Shareholders' Equity
Revision of Prior Period, Accounting Standards Update, Adjustment
Common Stock
Common Stock
Previously Reported
Treasury Stock
Treasury Stock
Welk
Treasury Stock
Previously Reported
Additional Paid-In Capital
Additional Paid-In Capital
Welk
Additional Paid-In Capital
Previously Reported
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Previously Reported
Retained Earnings
Retained Earnings
Previously Reported
Retained Earnings
Revision of Prior Period, Accounting Standards Update, Adjustment
Noncontrolling Interests
Noncontrolling Interests
ILG, Inc
Noncontrolling Interests
Previously Reported
Beginning balance (in shares) at Dec. 31, 2018                   57,600,000                              
Beginning balance at Dec. 31, 2018 $ 3,458     $ 3,466 $ (8) $ 3,453   $ 3,461 $ (8) $ 1 $ 1 $ (790)   $ (790) $ 3,721   $ 3,721 $ 6 $ 6 $ 515 $ 523 $ (8) $ 5   $ 5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income 142         138                           138     4    
Acquisition   $ 3                                           $ 3  
Foreign currency translation adjustments (27)         (27)                       (27)              
Derivative instrument adjustment (15)         (15)                       (15)              
Amounts related to share-based compensation (in shares)                   300,000                              
Amounts related to share-based compensation 16         16                 16                    
Repurchase of common stock (465)         (465)           (465)                          
Dividends (84)         (84)                           (84)          
Tax restructuring transaction (in shares)                   17,100,000                              
Tax restructuring transaction 0                                                
Employee stock plan issuance 3         3           2     1                    
Ending balance (in shares) at Dec. 31, 2019                     75,000,000.0                            
Ending balance at Dec. 31, 2019 3,031         3,019       $ 1   (1,253)     3,738     (36)   569     12    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income (256)         (275)                           (275)     19    
Foreign currency translation adjustments 6         6                       6              
Derivative instrument adjustment (18)         (18)                       (18)              
Amounts related to share-based compensation (in shares)                   300,000                              
Amounts related to share-based compensation 21         21                 21                    
Repurchase of common stock (82)         (82)           (82)                          
Dividends (22)         (22)                           (22)          
Employee stock plan issuance $ 2         2           1     1                    
Ending balance (in shares) at Dec. 31, 2020 75,279,061                 75,300,000                              
Ending balance at Dec. 31, 2020 $ 2,682         2,651       $ 1   (1,334)     3,760     (48)   272     31    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Net (loss) income 53         49                           49     4    
Acquisition     $ 248       $ 248           $ 55     $ 193                  
Foreign currency translation adjustments 11         11                       11              
Derivative instrument adjustment 21         21                       21              
Amounts related to share-based compensation (in shares)                   200,000                              
Amounts related to share-based compensation 30         30           1     29                    
Equity component of convertible notes, net of issuance costs 117         117                 117                    
Purchase of convertible note hedges (100)         (100)                 (100)                    
Issuance of warrants 70         70                 70                    
Repurchase of common stock (78)         (78)           (78)                          
Dividends (46)         (46)                           (46)          
Employee stock plan issuance 3         3                 3                    
Deconsolidation of certain Consolidated Property Owners' Associations $ (25)                                           (25)    
Ending balance (in shares) at Dec. 31, 2021 75,519,049                 75,500,000                              
Ending balance at Dec. 31, 2021 $ 2,986         $ 2,976       $ 1   $ (1,356)     $ 4,072     $ (16)   $ 275     $ 10    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                  
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-02 [Member]