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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total revenues $ 1,156 $ 934
Expenses    
General and administrative 45 42
Depreciation and amortization 62 51
Impairment expense 2 0
Total operating expenses 1,090 804
Interest expense (79) (44)
Equity in earnings from unconsolidated affiliates 5 3
Other (loss) gain, net (5) 1
(Loss) income before income taxes (13) 90
Income tax benefit (expense) 11 (17)
Net (loss) income (2) 73
Net income attributable to noncontrolling interest 2 0
Net (loss) income attributable to stockholders $ (4) $ 73
(Loss) earnings per share:    
Basic (in dollars per share) $ (0.04) $ 0.65
Diluted (in dollars per share) $ (0.04) $ 0.64
Sales of VOIs, net    
Revenues    
Total revenues $ 438 $ 318
Sales, marketing, brand and other fees    
Revenues    
Total revenues 145 158
Financing    
Revenues    
Total revenues 104 74
Expenses    
Expenses 39 24
Resort and club management    
Revenues    
Total revenues 166 131
Expenses    
Expenses 54 42
Rental and ancillary services    
Revenues    
Total revenues 181 158
Expenses    
Expenses 173 152
Cost reimbursements    
Revenues    
Total revenues 122 95
Expenses    
Expenses 122 95
Cost of VOI sales    
Expenses    
Expenses 48 50
Sales and marketing    
Expenses    
Expenses 401 301
Acquisition and integration-related expense    
Expenses    
Expenses 109 17
License fee expense    
Expenses    
Expenses $ 35 $ 30