Inventory

3 Months Ended

Mar. 31, 2022

Inventory Disclosure [Abstract]

Inventory

Note 8: Inventory

Inventory was comprised of the following:

	March 31,		December 31,
($ in millions)	2022		2021
Completed unsold VOIs	$	1,187	$	1,219
Construction in process		27		20
Land, infrastructure and other		1		1
	$	1,215	$	1,240

The table below presents costs of sales true-ups relating to VOI products and the related impacts to the carrying value of inventory.

	Three months ended March 31,
($ in millions)	2022		2021
Cost of sales true-up(1)	$	7	$	6
Cost of VOI sales related to fee-for-service upgrades		2		1

(1) For the three months ended March 31, 2022 and 2021, the cost of sales true-up reduced costs of VOI sales and increased inventory.