FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Carrying and Estimated Fair Value Amounts

The carrying amounts and estimated fair values of our financial assets and liabilities were as follows:

	June 30, 2023
			Hierarchy Level
($ in millions)	Carrying Amount		Level 1		Level 3
Assets:
Timeshare financing receivables, net(1)	$	1,778	$	—	$	1,900
Liabilities:
Debt, net(2)	2,942		2,442		371
Non-recourse debt, net(2)	882		795		40

	December 31, 2022
			Hierarchy Level
($ in millions)	Carrying Amount		Level 1		Level 3
Assets:
Timeshare financing receivables, net(1)	$	1,767	$	—	$	1,910
Liabilities:
Debt, net(2)	2,651		2,413		76
Non-recourse debt, net(2)	1,102		957		97

(1)Carrying amount net of allowance for financing receivables losses.

(2)Carrying amount net of unamortized deferred financing costs and discounts.