XML 103 R92.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Guarantor Financial Information - Balance Sheet (Details) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 85 $ 246
Restricted cash 69 51
Accounts receivable, net 117 112
Timeshare financing receivables, net 1,074 1,071
Inventory 564 509
Property and equipment, net 235 238
Investment in unconsolidated affiliate 37 41
Intangible assets, net 73 72
Other assets 111 44
Investments in subsidiaries 0 0
TOTAL ASSETS (variable interest entities - $432 and $471) 2,365 2,384
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other 296 339
Advanced deposits 92 104
Debt 479 482
Non-recourse debt, net 544 583
Deferred revenues 326 109
Deferred income tax liabilities 228 249
Total equity 400 518
TOTAL LIABILITIES AND EQUITY 2,365 2,384
Eliminations    
ASSETS    
Cash and cash equivalents 0 0
Restricted cash 0 0
Accounts receivable, net (6) (6)
Timeshare financing receivables, net 0 0
Inventory 0 0
Property and equipment, net 0 0
Investment in unconsolidated affiliate 0 0
Intangible assets, net 0 0
Other assets (1) (1)
Investments in subsidiaries (1,474) (1,598)
TOTAL ASSETS (variable interest entities - $432 and $471) (1,481) (1,605)
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other (7) (7)
Advanced deposits 0 0
Debt 0 0
Non-recourse debt, net 0 0
Deferred revenues 0 0
Deferred income tax liabilities 0 0
Total equity (1,474) (1,598)
TOTAL LIABILITIES AND EQUITY (1,481) (1,605)
Parent    
ASSETS    
Cash and cash equivalents 0 0
Restricted cash 0 0
Accounts receivable, net 0 0
Timeshare financing receivables, net 0 0
Inventory 0 0
Property and equipment, net 0 0
Investment in unconsolidated affiliate 0 0
Intangible assets, net 0 0
Other assets 0 0
Investments in subsidiaries 400 518
TOTAL ASSETS (variable interest entities - $432 and $471) 400 518
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other 0 0
Advanced deposits 0 0
Debt 0 0
Non-recourse debt, net 0 0
Deferred revenues 0 0
Deferred income tax liabilities 0 0
Total equity 400 518
TOTAL LIABILITIES AND EQUITY 400 518
Issuers    
ASSETS    
Cash and cash equivalents 0 0
Restricted cash 0 0
Accounts receivable, net 0 0
Timeshare financing receivables, net 0 0
Inventory 0 0
Property and equipment, net 0 0
Investment in unconsolidated affiliate 0 0
Intangible assets, net 0 0
Other assets 2 2
Investments in subsidiaries 877 999
TOTAL ASSETS (variable interest entities - $432 and $471) 879 1,001
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other 0 1
Advanced deposits 0 0
Debt 479 482
Non-recourse debt, net 0 0
Deferred revenues 0 0
Deferred income tax liabilities 0 0
Total equity 400 518
TOTAL LIABILITIES AND EQUITY 879 1,001
Guarantors    
ASSETS    
Cash and cash equivalents 74 230
Restricted cash 45 29
Accounts receivable, net 115 113
Timeshare financing receivables, net 393 457
Inventory 554 509
Property and equipment, net 231 232
Investment in unconsolidated affiliate 37 41
Intangible assets, net 73 72
Other assets 98 36
Investments in subsidiaries 197 81
TOTAL ASSETS (variable interest entities - $432 and $471) 1,817 1,800
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other 293 338
Advanced deposits 92 104
Debt 0 0
Non-recourse debt, net 0 0
Deferred revenues 326 109
Deferred income tax liabilities 229 250
Total equity 877 999
TOTAL LIABILITIES AND EQUITY 1,817 1,800
Non-Guarantors    
ASSETS    
Cash and cash equivalents 11 16
Restricted cash 24 22
Accounts receivable, net 8 5
Timeshare financing receivables, net 681 614
Inventory 10 0
Property and equipment, net 4 6
Investment in unconsolidated affiliate 0 0
Intangible assets, net 0 0
Other assets 12 7
Investments in subsidiaries 0 0
TOTAL ASSETS (variable interest entities - $432 and $471) 750 670
LIABILITIES AND EQUITY    
Accounts payable, accrued expenses and other 10 7
Advanced deposits 0 0
Debt 0 0
Non-recourse debt, net 544 583
Deferred revenues 0 0
Deferred income tax liabilities (1) (1)
Total equity 197 81
TOTAL LIABILITIES AND EQUITY $ 750 $ 670