Financing Receivables (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013

Receivables [Abstract]

Schedule of Financing Receivables

Financing receivables were as follows:

	June 30, 2014
	Securitized Timeshare		Unsecuritized Timeshare		Other		Total
	(in millions)
Financing receivables	$	491	$	370	$	40	$	901
Less: allowance		(29)		(50)		(1)		(80)
		462		320		39		821
Current portion of financing receivables		69		58		2		129
Less: allowance		(4)		(8)		—		(12)
		65		50		2		117
Total financing receivables	$	527	$	370	$	41	$	938

	December 31, 2013
	Securitized Timeshare		Unsecuritized Timeshare		Other		Total
	(in millions)
Financing receivables	$	205	$	654	$	49	$	908
Less: allowance		(11)		(67)		(1)		(79)
		194		587		48		829
Current portion of financing receivables		29		106		—		135
Less: allowance		(2)		(12)		—		(14)
		27		94		—		121
Total financing receivables	$	221	$	681	$	48	$	950

Financing receivables were as follows:

	December 31, 2013
	Securitized Timeshare		Unsecuritized Timeshare		Other		Total
	(in millions)
Financing receivables	$	205	$	654	$	49	$	908
Less: allowance		(11)		(67)		(1)		(79)
		194		587		48		829
Current portion of financing receivables		29		106		—		135
Less: allowance		(2)		(12)		—		(14)
		27		94		—		121
Total financing receivables	$	221	$	681	$	48	$	950

	December 31, 2012
	Unsecuritized Timeshare		Other		Total
	(in millions)
Financing receivables	$	853	$	44	$	897
Less: allowance		(81)		(1)		(82)
		772		43		815
Current portion of financing receivables		131		—		131
Less: allowance		(12)		—		(12)
		119		—		119
Total financing receivables	$	891	$	43	$	934

Allowance for Uncollectible Timeshare Financing Receivables

The changes in our allowance for uncollectible timeshare financing receivables were as follows:

	Six Months Ended June 30,
	2014		2013
	(in millions)
Beginning balance	$	92	$	93
Write-offs		(16)		(11)
Provision for uncollectibles on sales		15		13
Ending balance	$	91	$	95

The changes in our allowance for uncollectible timeshare financing receivables were as follows:

	(in millions)
Balance as of December 31, 2010	$	101
Write-offs		(36)
Provision for uncollectibles on sales		32
Balance as of December 31, 2011		97
Write-offs		(33)
Provision for uncollectibles on sales		29
Balance as of December 31, 2012		93
Write-offs		(25)
Provision for uncollectibles on sales		24
Balance as of December 31, 2013	$	92

Schedule of Maturities of Timeshare Financing Receivables

Our timeshare financing receivables as of June 30, 2014 mature as follows:

	Securitized Timeshare		Unsecuritized Timeshare
Year	(in millions)
2014(remaining)	$	34	$	35
2015		70		45
2016		73		48
2017		75		49
2018		75		48
Thereafter		233		203
		560		428
Less: allowance		(33)		(58)
	$	527	$	370

Our timeshare financing receivables as of December 31, 2013 mature as follows:

	Securitized Timeshare		Unsecuritized Timeshare
Year	(in millions)
2014	$	29	$	106
2015		29		87
2016		30		90
2017		30		92
2018		30		89
Thereafter		86		296
		234		760
Less: allowance		(13)		(79)
	$	221	$	681

Aged Analysis of Gross Timeshare Financing Receivables

The following table details an aged analysis of our gross timeshare financing receivables balance:

	June 30, 2014		December 31, 2013
	(in millions)
Current	$	947	$	948
30 – 89 days past due		10		14
90 – 119 days past due		3		4
120 days and greater past due		28		28
	$	988	$	994

The following table details an aged analysis of our gross timeshare financing receivables balance:

	December 31,
	2013		2012
	(in millions)
Current	$	948	$	940
30 - 89 days past due		14		14
90 - 119 days past due		4		4
120 days and greater past due		28		26
	$	994	$	984