Financing Receivables (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2014

Dec. 31, 2013

Receivables [Abstract]

Schedule of Financing Receivables

Financing receivables were as follows:

	September 30, 2014
	Securitized Timeshare		Unsecuritized Timeshare		Other		Total
	(in millions)
Financing receivables	$	459	$	412	$	24	$	895
Less: allowance		(26)		(54)		(1)		(81)
		433		358		23		814
Current portion of financing receivables		68		63		2		133
Less: allowance		(4)		(9)		—		(13)
		64		54		2		120
Total financing receivables	$	497	$	412	$	25	$	934

	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:

	Nine Months Ended September 30,
	2014		2013
	(in millions)
Beginning balance	$	92	$	93
Write-offs		(24)		(19)
Provision for uncollectibles on sales		25		20
Ending balance	$	93	$	94

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 September 30, 2014 mature as follows:

	Securitized Timeshare		Unsecuritized Timeshare
Year	(in millions)
2014 (remaining)	$	17	$	27
2015		68		48
2016		71		51
2017		73		52
2018		72		52
Thereafter		226		245
		527		475
Less: allowance		(30)		(63)
	$	497	$	412

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:

	September 30, 2014		December 31, 2013
	(in millions)
Current	$	958	$	948
30 - 89 days past due		13		14
90 - 119 days past due		3		4
120 days and greater past due		28		28
	$	1,002	$	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