v3.25.1
Condensed Consolidated Statements Of Income/(Loss) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net revenues    
Net revenues $ 934 $ 916
Expenses    
Operating 445 438
Marketing 124 121
General and administrative 122 112
Consumer financing interest 34 33
Depreciation and amortization 30 28
Cost of vacation ownership interests 23 34
Total expenses 778 766
Operating income 156 150
Interest expense 57 64
Other (income), net (1) (2)
Interest (income) (1) (4)
Income before income taxes 101 92
Provision for income taxes 28 26
Net income attributable to Travel + Leisure Co. shareholders $ 73 $ 66
Basic earnings per share    
Basic earnings per share [1] $ 1.09 $ 0.93
Diluted earnings per share    
Diluted earnings per share [1] $ 1.07 $ 0.92
Service and membership fees    
Net revenues    
Net revenues $ 417 $ 419
Vacation ownership interest sales    
Net revenues    
Net revenues 384 369
Consumer financing    
Net revenues    
Net revenues 112 110
Other    
Net revenues    
Net revenues $ 21 $ 18
[1] Earnings per share amounts are calculated using whole numbers.

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