Earnings/(Loss) Per Share (Computation Of Basic And Diluted EPS) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions |
3 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2022 |
Sep. 30, 2022 |
Jun. 30, 2022 |
Mar. 31, 2022 |
Dec. 31, 2021 |
Sep. 30, 2021 |
Jun. 30, 2021 |
Mar. 31, 2021 |
Dec. 31, 2020 |
Sep. 30, 2020 |
Jun. 30, 2020 |
Mar. 31, 2020 |
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
||||||||||||||||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ||||||||||||||||||||||||||||||
Net income/(loss) from continuing operations attributable to Travel + Leisure Co. shareholders | $ 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 | [1] | $ 4.27 | $ 3.62 | $ (2.95) | ||||||||||||||||||||||||||
Discontinued operations | [1] | 0.01 | (0.06) | (0.02) | ||||||||||||||||||||||||||
Basic earnings/(loss) per share | [1] | 4.28 | 3.56 | (2.97) | ||||||||||||||||||||||||||
Diluted earnings/(loss) per share | ||||||||||||||||||||||||||||||
Continuing operations | [1] | 4.23 | 3.58 | (2.95) | ||||||||||||||||||||||||||
Discontinued operations | [1] | 0.01 | (0.06) | (0.02) | ||||||||||||||||||||||||||
Diluted earnings/(loss) per share | [1] | $ 4.24 | $ 3.52 | $ (2.97) | ||||||||||||||||||||||||||
Basic weighted average shares outstanding | 83,400 | 86,500 | 86,100 | |||||||||||||||||||||||||||
SSARs, RSUs and PSUs | [2],[3],[4] | 800 | 800 | 0 | ||||||||||||||||||||||||||
Diluted weighted average shares outstanding | [5] | 84,200 | 87,300 | 86,100 | ||||||||||||||||||||||||||
Cash dividends per share (in usd per share) | $ 0.40 | $ 0.40 | $ 0.40 | $ 0.40 | $ 0.35 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.30 | $ 0.50 | $ 0.50 | $ 1.60 | [6] | $ 1.25 | [6] | $ 1.60 | [6] | ||||||||||||
Aggregate dividends paid to shareholders | $ 135 | $ 109 | $ 138 | |||||||||||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | ||||||||||||||||||||||||||||||
Diluted earnings/(loss) per share | ||||||||||||||||||||||||||||||
Shares excluded from computation of diluted EPS | 700 | 400 | 1,100 | |||||||||||||||||||||||||||
Restricted Stock Units (RSUs) [Member] | Dilutive Outside Loss Position | ||||||||||||||||||||||||||||||
Diluted earnings/(loss) per share | ||||||||||||||||||||||||||||||
Shares excluded from computation of diluted EPS | 200 | |||||||||||||||||||||||||||||
Performance-vested restricted Stock Units (PSUs) | ||||||||||||||||||||||||||||||
Diluted earnings/(loss) per share | ||||||||||||||||||||||||||||||
Shares excluded from computation of diluted EPS | 500 | 400 | 300 | |||||||||||||||||||||||||||
Employee Stock Option | ||||||||||||||||||||||||||||||
Diluted earnings/(loss) per share | ||||||||||||||||||||||||||||||
Shares excluded from computation of diluted EPS | 1,600 | 1,400 | 2,100 | |||||||||||||||||||||||||||
|
X | ||||||||||
- Definition Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
X | ||||||||||
- Definition Aggregate dividends paid during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
X | ||||||||||
- Definition Per basic share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation. No definition available.
|
X | ||||||||||
- 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
|
X | ||||||||||
- References No definition available.
|
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
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount after tax of income (loss) from continuing operations attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
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
|
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
|
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
|
X | ||||||||||
- Definition Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- 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
|
X | ||||||||||
- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|
X | ||||||||||
- Details
|