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Timeshare Financing Receivables - Schedule of Change in Allowance For Financing Receivables Losses (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Financing Receivable, Allowance for Credit Losses [Roll Forward]    
Provision for financing receivables losses $ 31 $ 16
Originated    
Financing Receivable, Allowance for Credit Losses [Roll Forward]    
Allowance for loan loss, beginning balance 280 [1] 211
Provision for financing receivables losses [2] 31 16
Write-offs (25) (20)
Securitization [3] 16  
Allowance for loan loss, ending balance 302 [1] 207
Acquired    
Financing Receivable, Allowance for Credit Losses [Roll Forward]    
Allowance for loan loss, beginning balance 482 [1] 0
Provision for financing receivables losses 0
Write-offs (6) 0
Securitization [3] (15)  
Allowance for loan loss, ending balance $ 461 [1] $ 0
[1] Acquired timeshare financing receivables include all timeshare financing receivables of Legacy-Diamond as of the Acquisition Date. Originated timeshare financing receivables include all Legacy-HGV timeshare financing receivables and Legacy-Diamond timeshare financing receivables originated after the Acquisition Date.
[2] Includes incremental provision for financing receivables losses, net of activity related to the repurchase of defaulted and upgraded securitized timeshare financing receivables.
[3] Represents the initial change in allowance resulting from upgrades of Acquired loans. Upgraded Acquired loans and their related allowance are included in the Originated portfolio segment.