Vacation Ownership Notes Receivable (Tables)

3 Months Ended

Mar. 31, 2012

Vacation Ownership Notes Receivable [Abstract]

Notes receivable (net of reserves) related to vacation ownership loans

	March 31, 2012			December 31, 2011
Vacation ownership loans – securitized	$	473		$	510
Vacation ownership loans – unsecuritized		143			113
		616			623
Less: current portion
Vacation ownership loans – securitized		(62	)		(64	)
Vacation ownership loans – unsecuritized		(23	)		(20	)
	$	531		$	539

Interest income related to VOI notes receivable

	Three Months Ended March 31,
	2012		2011
Vacation ownership loans – securitized	$	18	$	17
Vacation ownership loans – unsecuritized		4		5
	$	22	$	22

Future maturities of gross VOI notes receivable and interest rates

	Securitized			Unsecuritized			Total
2012	$	53		$	29		$	82
2013		74			16			90
2014		75			15			90
2015		75			17			92
Thereafter		269			125			394
Balance at March 31, 2012	$	546		$	202		$	748
Weighted Average Interest Rates		12.84	%		11.99	%		12.57	%
Range of interest rates		5 to 17	%		6 to 17	%		5 to 17	%

Loan loss reserve

	Securitized			Unsecuritized			Total
Balance at December 31, 2010	$	82		$	79		$	161
Provisions for loan losses		(2	)		7			5
Write-Offs		—			(16	)		(16	)
Other		(8	)		8			—
Balance at March 31, 2011	$	72		$	78		$	150
Balance at December 31, 2011	$	80		$	56		$	136
Provisions for loan losses		—			7			7
Write-Offs		—			(11	)		(11	)
Other		(7	)		7			—
Balance at March 31, 2012	$	73		$	59		$	132