CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 297	$ 589
Restricted cash	244	296
Accounts receivable, net	400	507
Timeshare financing receivables, net	3,009	2,113
Inventory	2,243	1,400
Property and equipment, net	652	758
Operating lease right-of-use assets, net	86	61
Investments in unconsolidated affiliates	73	71
Goodwill	1,960	1,418
Intangible assets, net	1,794	1,158
Other assets	396	314
TOTAL ASSETS (variable interest entities - $1,452 and $1,459)	11,154	8,685
LIABILITIES AND EQUITY
Accounts payable, accrued expenses and other	1,057	952
Advanced deposits	224	179
Debt, net	5,039	3,049
Non-recourse debt, net	1,564	1,466
Operating lease liabilities	103	78
Deferred revenue	213	215
Deferred income tax liabilities	967	631
Total liabilities (variable interest entities - $1,572 and $1,472)	9,167	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 September 30, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value; 3,000,000,000 authorized shares, 99,850,114 shares issued and outstanding as of September 30, 2024 and 105,961,160 shares issued and outstanding as of December 31, 2023	1	1
Additional paid-in capital	1,428	1,504
Accumulated retained earnings	414	593
Accumulated other comprehensive income	2	17
Total stockholders' equity	1,845	2,115
Noncontrolling interest	142	0
Total equity	1,987	2,115
TOTAL LIABILITIES AND EQUITY	$ 11,154	$ 8,685