Inventory (Tables)

9 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

Schedule Of Inventory

Inventory was as follows:

	September 30,		December 31,
($ in millions)	2020		2019
Completed unsold VOIs	$	402	$	241
Construction in process		273		59
Land, infrastructure and other		258		258
	$	933	$	558

Schedule of Costs of Sales True-ups Relating to VOI Products and Impacts on the Carrying Value of Inventory

Shown below are costs of sales true-ups relating to VOI products and the related impacts to the carrying value of inventory.

	Nine Months Ended September 30,
($ in millions)	2020		2019
Cost of sales true-up(1)	$	4	$	14

⁽¹⁾ Costs of sales true ups reduced costs of VOI sales and increased inventory in the periods presented.

Schedule of expense incurred when customers upgrade existing ownership to fee-for-service project

Shown below are expenses incurred, recorded in Cost of VOI sales, related to granting credit to customers for their existing ownership when upgrading into fee-for service projects.

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2020		2019		2020		2019
Cost of VOI sales related to fee-for-service upgrades	$	2	$	8	$	7	$	24