XML 83 R69.htm IDEA: XBRL DOCUMENT v3.21.1
Debt & Non-recourse Debt - Schedule of Outstanding Borrowings (Parenthetical) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]    
Debt instrument, average interest rate 4.441% 3.357%
Less: unamortized deferred financing costs and discount [1],[2] $ (6) $ (5)
Revolving Credit Facility    
Debt Instrument [Line Items]    
Less: unamortized deferred financing costs and discount $ (4) $ (4)
Revolving Credit Facility | Revolver with a weighted average rate of 3.75%, due 2023    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 3.75% 3.75%
Debt instrument, maturity year 2023 2023
Line of Credit | Term loan with a rate of 3.75%, due 2023    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 3.75% 3.75%
Debt instrument, maturity year 2023 2023
Less: unamortized deferred financing costs and discount $ (2) $ (1)
Senior Notes | Senior notes with a rate of 6.125%, due 2024    
Debt Instrument [Line Items]    
Debt instrument, maturity year 2024 2024
Debt instrument, stated interest rate 6.125% 6.125%
Less: unamortized deferred financing costs and discount $ (4) $ (4)
Non-recourse Debt    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 3.174% 3.173%
Less: unamortized deferred financing costs and discount [3] $ (8) $ (9)
Non-recourse Debt | Securitized Debt with a weighted average rate of 2.711%, due 2028    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 2.711% 2.711%
Debt instrument, maturity year 2028 2028
Non-recourse Debt | Securitized Debt with a weighted average rate of 3.602%, due 2032    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 3.602% 3.602%
Debt instrument, maturity year 2032 2032
Non-recourse Debt | Securitized Debt with a weighted average rate of 2.431%, due 2033    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 2.431% 2.431%
Debt instrument, maturity year 2033 2033
Non-recourse Debt | Securitized Debt with a weighted average rate of 3.658%, due 2039    
Debt Instrument [Line Items]    
Debt instrument, average interest rate 3.658% 3.658%
Debt instrument, maturity year 2039 2039
Non-recourse Debt | Timeshare Facility with an average rate of X.XXX%, due 2022    
Debt Instrument [Line Items]    
Less: unamortized deferred financing costs and discount $ (2) $ (3)
[1] Amount includes deferred financing costs related to our term loan and senior notes of $2 million and $4 million, respectively, as of March 31, 2021 and $1 million and $4 million, respectively, as of December 31, 2020.
[2] Amount does not include deferred financing costs of $4 million as of March 31, 2021 and December 31, 2020, relating to our revolving facility included in Other Assets in our condensed consolidated balance sheets.
[3] Amount relates to Securitized Debt only and does not include deferred financing costs of $2 million and $3 million as of March 31, 2021 and December 31, 2020, respectively, relating to our Timeshare Facility included in Other Assets in our condensed consolidated balance sheets.