Consolidated Statements Of Income - USD ($) $ in Millions |
12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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| Net Revenues | ||||||||||
| Net revenues | $ 3,567 | $ 3,134 | $ 2,160 | |||||||
| Expenses | ||||||||||
| Operating | 1,603 | 1,359 | 1,130 | |||||||
| Cost of vacation ownership interests | 157 | 157 | 2 | |||||||
| Consumer financing interest | 79 | 81 | 101 | |||||||
| General and administrative | 479 | 434 | 398 | |||||||
| Marketing | 451 | 363 | 329 | |||||||
| Depreciation and amortization | 119 | 124 | 126 | |||||||
| Restructuring | [1] | 14 | (1) | 39 | ||||||
| Asset impairments/(recoveries), net | 10 | (5) | [2] | 52 | ||||||
| COVID-19 related costs | 2 | 4 | 88 | |||||||
| Total expenses | 2,914 | 2,516 | 2,265 | |||||||
| Operating income/(loss) | 653 | 618 | (105) | |||||||
| Interest expense | 195 | 198 | 192 | |||||||
| Interest (income) | (6) | (3) | (7) | |||||||
| Other (income), net | (22) | (6) | (14) | |||||||
| Income/(loss) before income taxes | 486 | 429 | (276) | |||||||
| Provision/(benefit) for income taxes | 130 | 116 | (23) | |||||||
| Net income/(loss) from continuing operations | 356 | 313 | (253) | |||||||
| Gain/(loss) on disposal of discontinued business, net of income taxes | 1 | (5) | (2) | |||||||
| Net income/(loss) attributable to Travel + Leisure Co. shareholders | $ 357 | $ 308 | $ (255) | |||||||
| Basic earnings/(loss) per share | ||||||||||
| Continuing operations | [3] | $ 4.27 | $ 3.62 | $ (2.95) | ||||||
| Discontinued operations | [3] | 0.01 | (0.06) | (0.02) | ||||||
| Basic earnings/(loss) per share | [3] | 4.28 | 3.56 | (2.97) | ||||||
| Diluted earnings/(loss) per share | ||||||||||
| Continuing operations | [3] | 4.23 | 3.58 | (2.95) | ||||||
| Discontinued operations | [3] | 0.01 | (0.06) | (0.02) | ||||||
| Diluted earnings/(loss) per share | [3] | $ 4.24 | $ 3.52 | $ (2.97) | ||||||
| Service and membership fees | ||||||||||
| Net Revenues | ||||||||||
| Net revenues | $ 1,611 | $ 1,502 | $ 1,139 | |||||||
| Vacation ownership interest sales | ||||||||||
| Net Revenues | ||||||||||
| Net revenues | 1,484 | 1,176 | 505 | |||||||
| Consumer financing | ||||||||||
| Net Revenues | ||||||||||
| Net revenues | 406 | 404 | 467 | |||||||
| Other | ||||||||||
| Net Revenues | ||||||||||
| Net revenues | $ 66 | $ 52 | $ 49 | |||||||
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| X | ||||||||||
- Definition COVID-19 related costs No definition available.
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| X | ||||||||||
- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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| X | ||||||||||
- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation. No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition This element represents interest incurred for borrowed money which was used to produce goods or render services. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount after tax of income (loss) from continuing operations including portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) from continuing operations per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) derived from continuing operations during the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Per diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition The total expense recognized in the period for promotion, public relations, and brand or product advertising. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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