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Diamond Acquisition - Schedule of Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
3 Months Ended
Aug. 02, 2021
Mar. 31, 2022
Dec. 31, 2021
Business Acquisition [Line Items]      
Timeshare financing receivables, net   $ 1,718 $ 1,747
Operating lease right-of-use assets, net   65 70
Advanced deposits   126 112
Goodwill   1,351 $ 1,377
Diamond Acquisition      
Business Acquisition [Line Items]      
Cash and cash equivalents $ 310    
Restricted cash 127    
Accounts receivable, net of allowance for doubtful accounts 97    
Timeshare financing receivables, net 825    
Inventory 497    
Property and equipment, net 298    
Operating lease right-of-use assets, net 30    
Intangible assets, net 1,431    
Other assets 250    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets, Total 3,865    
Accounts payable, accrued expenses and other 484    
Non-recourse debt, net 660    
Operating lease liabilities 33    
Advanced deposits 4    
Deferred revenues 140    
Deferred income tax liabilities 485    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Total 1,806    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net, Total 2,059    
Total consideration transferred 3,410 3,410  
Goodwill $ 1,351 [1] $ 1,351  
[1] Goodwill is calculated as total consideration transferred less net assets acquired and it primarily represents the value that we expect to obtain from synergies and growth opportunities from our combined Company post-acquisition. The majority of goodwill is not expected to be deductible for tax purposes.