Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents		$ 145	$ 246
Restricted cash		67	51
Accounts receivable, net of allowance for doubtful accounts of $12 and $9		151	112
Timeshare financing receivables, net		1,103	1,071
Inventory		582	509
Property and equipment, net		538	238
Investment in unconsolidated affiliates		33	41
Intangible assets, net		73	72
Other assets		121	44
TOTAL ASSETS (variable interest entities - $691 and $471)		2,813	2,384
Liabilities:
Accounts payable, accrued expenses and other		337	339
Advanced deposits		100	104
Debt, net		530	482
Non-recourse debt, net		806	583
Deferred revenues	$ 154	263	109
Deferred income tax liabilities		215	249
Total liabilities (variable interest entities - $688 and $455)		2,251	1,866
Commitments and contingencies - see Note 19
Equity:
Preferred stock, $0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of September 30, 2018 and December 31, 2017		0	0
Common stock, $0.01 par value; 3,000,000,000 authorized shares, 96,906,759 issued and outstanding as of September 30, 2018 and 99,136,304 issued and outstanding as of December 31, 2017		1	1
Additional paid-in capital		174	162
Accumulated retained earnings		387	355
Total equity		562	518
TOTAL LIABILITIES AND EQUITY		$ 2,813	$ 2,384