CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
REVENUES
Revenue from contracts with customers	$ 4,672	$ 4,625	$ 4,405
Financing	360	342	322
TOTAL REVENUES	5,032	4,967	4,727
EXPENSES
Marketing and sales	943	919	823
Financing	150	146	113
Royalty fee	113	114	117
General and administrative	242	237	273
Depreciation and amortization	149	146	135
Litigation charges	17	23	13
Modernization	122	4	0
Restructuring	15		6
Impairment	577	30	32
Cost reimbursements	1,698	1,689	1,561
TOTAL EXPENSES	5,209	4,477	4,191
Gains (losses) and other income (expense), net	47	(1)	47
Interest expense, net	(169)	(162)	(145)
Transaction and integration costs	0	(18)	(37)
Other	0	(3)	(3)
(LOSS) INCOME BEFORE INCOME TAXES AND NONCONTROLLING INTERESTS	(299)	306	398
Provision for income taxes	(8)	(89)	(146)
NET (LOSS) INCOME	(307)	217	252
Net (income) loss attributable to noncontrolling interests	(1)	1	2
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (308)	$ 218	$ 254
(LOSS) EARNINGS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
Basic (in usd per share)	$ (8.84)	$ 6.16	$ 6.96
Diluted (in usd per share)	(8.84)	5.61	6.28
CASH DIVIDENDS DECLARED PER SHARE (in usd per share)	$ 3.17	$ 3.07	$ 2.92
Cost of vacation ownership products
REVENUES
Revenue from contracts with customers	$ 1,464	$ 1,448	$ 1,460
EXPENSES
Expenses	184	200	224
Management and exchange
REVENUES
Revenue from contracts with customers	860	843	813
EXPENSES
Expenses	476	482	442
Rental
REVENUES
Revenue from contracts with customers	650	645	571
EXPENSES
Expenses	523	481	452
Cost reimbursements
REVENUES
Revenue from contracts with customers	$ 1,698	$ 1,689	$ 1,561