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BUSINESS SEGMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Revenues
Revenues
($ in millions)202220212020
Vacation Ownership$4,342 $3,539 $2,530 
Exchange & Third-Party Management291 320 309 
Total segment revenues4,633 3,859 2,839 
Corporate and other23 31 47 
$4,656 $3,890 $2,886 
Adjusted EBITDA, net (loss) income, depreciation and amortization
Adjusted EBITDA and Reconciliation to Net Income or Loss Attributable to Common Shareholders
($ in millions)202220212020
Adjusted EBITDA Vacation Ownership$1,033 $699 $229 
Adjusted EBITDA Exchange & Third-Party Management148 144 119 
Reconciling items:
Corporate and other(215)(186)(113)
Interest expense(118)(164)(150)
Tax (provision) benefit(191)(74)84 
Depreciation and amortization(132)(146)(123)
Share-based compensation expense(39)(51)(37)
Certain items(95)(173)(284)
Net income (loss) attributable to common shareholders$391 $49 $(275)
Depreciation and Amortization
($ in millions)202220212020
Vacation Ownership$92 $89 $79 
Exchange & Third-Party Management31 48 32 
Total segment depreciation and amortization123 137 111 
Corporate and other9 9 12 
$132 $146 $123 
Assets
Assets
($ in millions)At December 31, 2022At December 31, 2021
Vacation Ownership$8,037 $7,897 
Exchange & Third-Party Management865 911 
Total segment assets8,902 8,808 
Corporate and other737 805 
$9,639 $9,613 
Capital expenditures (including inventory)
Capital Expenditures (including inventory)
($ in millions)202220212020
Vacation Ownership$182 $296 $191 
Exchange & Third-Party Management— 3 7 
Total segment capital expenditures182 299 198 
Corporate and other33 (2)4 
$215 $297 $202 
Revenue by geographic areas
Revenues Excluding Cost Reimbursements
($ in millions)202220212020
United States$2,886 $2,499 $1,664 
All other countries403 263 180 
$3,289 $2,762 $1,844 
Fixed assets by geographic areas
($ in millions)At December 31, 2022At December 31, 2021
United States$969 $988 
All other countries170 148 
$1,139 $1,136