CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Total revenues	$ 1,306	$ 1,018	$ 3,697	$ 2,959
Expenses
General and administrative	44	40	147	130
Depreciation and amortization	68	53	198	156
Impairment expense	0	0	2	3
Total operating expenses	1,142	838	3,373	2,495
Interest expense	(84)	(45)	(250)	(133)
Equity in earnings from unconsolidated affiliates	4	2	12	7
Other gain (loss), net	9	(1)	1	3
Income before income taxes	93	136	87	341
Income tax expense	(61)	(44)	(53)	(96)
Net income	32	92	34	245
Net income attributable to noncontrolling interest	3	0	7	0
Net income attributable to stockholders	$ 29	$ 92	$ 27	$ 245
Earnings per share attributable to stockholders:
Basic (in dollars per share)	$ 0.28	$ 0.84	$ 0.26	$ 2.21
Diluted (in dollars per share)	$ 0.28	$ 0.83	$ 0.26	$ 2.18
Sales of VOIs, net
Revenues
Total revenues	$ 550	$ 367	$ 1,459	$ 1,040
Sales, marketing, brand and other fees
Revenues
Total revenues	159	170	471	501
Financing
Revenues
Total revenues	105	75	311	225
Expenses
Expenses	45	25	128	73
Resort and club management
Revenues
Total revenues	179	138	516	402
Expenses
Expenses	50	43	152	129
Rental and ancillary services
Revenues
Total revenues	183	171	559	502
Expenses
Expenses	178	154	539	460
Cost reimbursements
Revenues
Total revenues	130	97	381	289
Expenses
Expenses	130	97	381	289
Cost of VOI sales
Expenses
Expenses	75	43	188	141
Sales and marketing
Expenses
Expenses	467	334	1,321	971
Acquisition and integration-related expense
Expenses
Expenses	36	12	193	42
License fee expense
Expenses
Expenses	$ 49	$ 37	$ 124	$ 101