Property and Equipment

9 Months Ended

Sep. 30, 2020

Property Plant And Equipment [Abstract]

Property and Equipment

Note 8: Property and Equipment

Property and equipment was as follows:

	September 30,			December 31,
($ in millions)	2020			2019
Land	$	104		$	154
Building and leasehold improvements		247			286
Furniture and equipment		68			65
Construction in progress		198			383
		617			888
Accumulated depreciation		(129	)		(110	)
	$	488		$	778

During the nine months ended September 30, 2020, we recorded non-cash operating activity transfers of $301 million related to the registrations for timeshare units under construction from Property and equipment to Inventory. Non-cash transfers are reflected in our unaudited condensed consolidated statements of cash flows.