XML 63 R52.htm IDEA: XBRL DOCUMENT v3.23.3
VACATION OWNERSHIP NOTES RECEIVABLE - Additional Information (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Weighted average FICO score within originated loan pool 722   722   721
Average estimated rate of default for all outstanding loans 13.35%   13.35%   11.62%
Estimated default rate increases that would have resulted an increase in allowance for credit losses 0.50%   0.50%    
Financing receivable, allowance for credit losses, that would have been increased $ 13   $ 13   $ 12
Sale of vacation ownership products          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Expenses 50 $ 76 174 $ 216  
Acquired          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
(Decrease) increase in vacation ownership notes receivable reserve     (3)    
Originated          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
(Decrease) increase in vacation ownership notes receivable reserve     $ 183    
Stabilization of Defaults and the Alignment and Combination of the Reserves | Acquired          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
(Decrease) increase in vacation ownership notes receivable reserve   (19)      
Stabilization of Defaults and the Alignment and Combination of the Reserves | Originated          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
(Decrease) increase in vacation ownership notes receivable reserve   21      
Stabilization of Defaults and the Alignment and Combination of the Reserves | Originated | Sale of vacation ownership products          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
Expenses   $ 21      
Reserve Review | Originated          
Accounts, Notes, Loans and Financing Receivable [Line Items]          
(Decrease) increase in vacation ownership notes receivable reserve $ (59)