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Timeshare Financing Receivables - Schedule of Timeshare Financing Receivables (Details) - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Accounts Notes And Loans Receivable [Line Items]        
Timeshare financing receivables $ 1,185 $ 1,340    
Less: allowance for financing receivables losses (211) (184) $ (172) $ (141)
Timeshare financing receivables, net 974 1,156    
Securitized        
Accounts Notes And Loans Receivable [Line Items]        
Timeshare financing receivables 805 758    
Less: allowance for financing receivables losses (63) (54) (43) (27)
Timeshare financing receivables, net 742 704    
Unsecuritized        
Accounts Notes And Loans Receivable [Line Items]        
Timeshare financing receivables [1] 380 582    
Less: allowance for financing receivables losses (148) [1] (130) [1] $ (129) $ (114)
Timeshare financing receivables, net [1] $ 232 $ 452    
[1]

Includes amounts used as collateral to secure a non-recourse revolving timeshare receivable credit facility (“Timeshare Facility”) as well as amounts held as future collateral for upcoming securitization activities.