Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2019

Revenue From Contract With Customer [Abstract]

Schedule of Disaggregated Revenues by Segment from Contracts with Customers

The following tables show our disaggregated revenues by segment from contracts with customers. We operate our business in the following two segments: (i) Real estate sales and financing and (ii) Resort operations and club management. Please refer to Note 21: Business Segments below for more details related to our segments.

	Year Ended December 31,
($ in millions)	2019		2018		2017
Real Estate and Financing Segment
Sales of VOIs, net	$	509	$	734	$	548
Sales, marketing, brand and other fees		573		570		544
Interest income		147		140		132
Other financing revenue		23		18		15
Real estate and financing segment revenues	$	1,252	$	1,462	$	1,239

	Year Ended December 31,
($ in millions)	2019		2018		2017
Resort Operations and Club Management Segment
Club management	$	125	$	112	$	99
Resort management		66		60		59
Rental		201		191		156
Ancillary services		26		27		23
Resort operations and club management segment revenues	$	418	$	390	$	337

Schedule of Accounts Receivable and Contract Asset from Contracts with Customers and Composition of Contract Liabilities

The following table provides information on our accounts receivable with customers which are included in Accounts Receivable, net on our consolidated balance sheets:

	December 31,
($ in millions)	2019		2018
Receivables	$	129	$	122

The following table presents changes in our contract liabilities for the year ended December 31, 2019.

	December 31
($ in millions)	2019		2018
Contract liabilities:
Advanced deposits	$	115	$	101
Deferred Sales of VOIs of projects under construction		84		—
Club activation fees, annual dues and other		86		72
Club Bonus Point incentive liability(1)		59		56

⁽¹⁾ Amounts related to the Club Bonus Point incentive liability are included in Accounts payable, accrued expenses and other on our consolidated balance sheets. This liability is comprised of revenue for incentives from VOI sales and sales and marketing expenses in conjunction with our fee-for-service arrangements.

Schedule of Remaining Transaction Price Related to Advanced Deposits Club Activation Fees and Club Bonus Points

The following table includes the remaining transaction price related to Advanced deposits, Club activation fees and Club Bonus Points as of December 31, 2019:

($ in millions)	Remaining Transaction Price		Recognition Period	Recognition Method
Advanced deposits	$	115	18 months	Upon customer stays
Club activation fees		71	7 years	Straight-line basis over average inventory holding period
Club Bonus Points		59	24 months	Upon redemption