CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 328	$ 589
Restricted cash	273	296
Accounts receivable, net	524	507
Timeshare financing receivables, net	2,976	2,113
Inventory	1,929	1,400
Property and equipment, net	902	758
Operating lease right-of-use assets, net	84	61
Investments in unconsolidated affiliates	78	71
Goodwill	1,933	1,418
Intangible assets, net	1,887	1,158
Other assets	553	314
TOTAL ASSETS (variable interest entities - $1,616 and $1,459)	11,467	8,685
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other	1,159	952
Advanced deposits	224	179
Debt, net	4,885	3,049
Non-recourse debt, net	1,725	1,466
Operating lease liabilities	101	78
Deferred revenue	321	215
Deferred income tax liabilities	972	631
Total liabilities (variable interest entities - $1,708 and $1,472)	9,387	6,570
Commitments and contingencies - see Note 18
Equity:
Preferred stock, $0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of June 30, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value; 3,000,000,000 authorized shares, 102,485,583 shares issued and outstanding as of June 30, 2024 and 105,961,160 shares issued and outstanding as of December 31, 2023	1	1
Additional paid-in capital	1,456	1,504
Accumulated retained earnings	456	593
Accumulated other comprehensive income	5	17
Total stockholders' equity	1,918	2,115
Noncontrolling interest	162	0
Total equity	2,080	2,115
TOTAL LIABILITIES AND EQUITY	$ 11,467	$ 8,685