INVENTORY (Tables)

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventory was comprised of the following:

($ in millions)	September 30, 2023		December 31, 2022
Completed unsold VOIs	$	1,262	$	1,096
Construction in process	45		62
Land, infrastructure and other	1		1
Total	$	1,308	$	1,159

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

The table below presents cost of sales true-ups relating to VOI products and the related impacts to the carrying value of inventory and cost of VOI sales:

	Three Months Ended September 30,				Nine Months Ended September 30,
($ in millions)	2023		2022		2023		2022
Cost of sales true-up(1)	$	22	$	8	$	51	$	17

(1)For the three and nine months ended September 30, 2023 and 2022, respectively, the cost of sales true-up decreased cost of VOI sales and increased inventory.