INVENTORY (Tables)

6 Months Ended

Jun. 30, 2024

Inventory Disclosure [Abstract]

Schedule of Inventory

Inventory was comprised of the following:

($ in millions)	June 30, 2024		December 31, 2023
Completed unsold VOIs	$	1,623	$	1,259
Construction in process	305		140
Land, infrastructure and other	1		1
Total	$	1,929	$	1,400

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 June 30,				Six Months Ended June 30,
($ in millions)	2024		2023		2024		2023
Cost of sales true-up(1)	$	(4)	$	13	$	11	$	29

(1)For the three months ended June 30, 2024, the cost of sales true-up increased cost of VOI sales and decreased inventory. For the six months ended June 30, 2024, the cost of sales true-up decreased cost of VOI sales and increased inventory. For the three and six months ended June 30, 2023, the cost of sales true-up decreased cost of VOI sales and increased inventory.