Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Components Of Intangible Assets) (Details)

v3.22.4
Intangible Assets (Components Of Intangible Assets) (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Intangible Assets [Line Items]      
Goodwill $ 955 $ 961  
Amortized Intangible Assets: 142 143  
Accumulated Amortization 79 70  
Net Carrying Amount 63 73  
Asset impairments/(recoveries), net 10 (5) [1] $ 52
Travel and Membership      
Intangible Assets [Line Items]      
Goodwill 928 934  
Customer lists      
Intangible Assets [Line Items]      
Amortized Intangible Assets: [2] 75 75  
Accumulated Amortization [2] 37 31  
Net Carrying Amount [2] 38 44  
Management agreements      
Intangible Assets [Line Items]      
Amortized Intangible Assets: [3] 50 52  
Accumulated Amortization [3] 35 34  
Net Carrying Amount [3] 15 18  
Trademarks      
Intangible Assets [Line Items]      
Amortized Intangible Assets: [4] 9 8  
Accumulated Amortization [4] 6 5  
Net Carrying Amount [4] 3 3  
Other      
Intangible Assets [Line Items]      
Amortized Intangible Assets: [5] 8 8  
Accumulated Amortization [5] 1 0  
Net Carrying Amount [5] $ 7 8  
Minimum | Customer lists      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 4 years    
Minimum | Management agreements      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 5 years    
Minimum | Trademarks      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 7 years    
Minimum | Other      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 10 years    
Maximum | Customer lists      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 15 years    
Maximum | Management agreements      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 25 years    
Maximum | Trademarks      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 8 years    
Maximum | Other      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 69 years    
Weighted Average [Member] | Customer lists      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 12 years    
Weighted Average [Member] | Management agreements      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 17 years    
Weighted Average [Member] | Trademarks      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 8 years    
Weighted Average [Member] | Other      
Intangible Assets [Line Items]      
Finite-Lived Intangible Asset, Useful Life 58 years    
Trademarks and Trade Names      
Intangible Assets [Line Items]      
Unamortizable trademarks [6] $ 144 $ 146  
[1] Includes $1 million of inventory impairments for the year ended December 31, 2022, included in Cost of vacation ownership interests on the Consolidated Statements of Income/(Loss). Includes $5 million of bad debt expense related to a note receivable for the year ended December 31, 2020, included in Operating expenses on the Consolidated Statements of Income/(Loss).
[2] Amortized between 4 to 15 years with a weighted average life of 12 years.
[3] Amortized between 5 to 25 years with a weighted average life of 17 years
[4] Amortized between 7 to 8 years with a weighted average life of 8 years.
[5] Includes business contracts, which are amortized between 10 to 69 years with a weighted average life of 58 years.
[6] Comprised of trademarks and trade names the Company has acquired that are expected to generate future cash flows for an indefinite period of time. During 2022, the Company recorded a $2 million trade name impairment at the Travel and Membership segment.