XML 87 R72.htm IDEA: XBRL DOCUMENT v3.20.4
Timeshare Financing Receivables - Schedule of Change in Allowance For Financing Receivables Losses (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Financing Receivable, Allowance for Credit Losses [Roll Forward]      
Allowance for loan loss, beginning balance $ 184 $ 172 $ 141
Write-offs (48) (62) (38)
Provision for financing receivables losses [1] 75 74 69
Allowance for loan loss, ending balance 211 184 172
Securitized      
Financing Receivable, Allowance for Credit Losses [Roll Forward]      
Allowance for loan loss, beginning balance 54 43 27
Securitizations 30 27 28
Provision for financing receivables losses [1] (21) (16) (12)
Allowance for loan loss, ending balance 63 54 43
Unsecuritized      
Financing Receivable, Allowance for Credit Losses [Roll Forward]      
Allowance for loan loss, beginning balance 130 [2] 129 114
Write-offs (48) (62) (38)
Securitizations (30) (27) (28)
Provision for financing receivables losses [1] 96 90 81
Allowance for loan loss, ending balance $ 148 [2] $ 130 [2] $ 129
[1] Includes incremental provision for financing receivables losses, net of activity related to the repurchase of defaulted and upgraded securitized timeshare financing receivables.
[2]

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.