Annual report pursuant to Section 13 and 15(d)

COVID-19 Related Items Narrative (Details)

v3.22.4
COVID-19 Related Items Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs   $ 2 $ 4 $ 88
Provision for loan losses   302 129 415
Asset impairments/(recoveries), net   10 (5) [1] 52
Inventory write-down   0 0 48
Restructuring [2]   14 (1) 39
COVID-19 Plan [Member]        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs   2 1 71
Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       37
Personnel-related        
Restructuring Cost and Reserve [Line Items]        
Restructuring   13 0 3 [3]
Personnel-related | COVID-19 Plan [Member]        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs   2 1 71
Facility-related        
Restructuring Cost and Reserve [Line Items]        
Restructuring   1 0 24
Other Restructuring [Member]        
Restructuring Cost and Reserve [Line Items]        
Restructuring     (1) [4] 12
Vacation Ownership | Other Restructuring [Member]        
Restructuring Cost and Reserve [Line Items]        
Restructuring     (1)  
COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Net COVID-19 Provision impact on Adj EBITDA     58 (157)
Asset impairments/(recoveries), net [1]       57
COVID-19 (Member) | Corporate and Other | Facility-related | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       1
COVID-19 (Member) | Travel and Membership | Facility-related | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       22
COVID-19 (Member) | Vacation Ownership | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       1
Vacation ownership interest sales | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Provision for loan losses $ 225   (91) 205
Vacation ownership interest sales | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
Provision for loan losses     0 0
Vacation ownership interest sales | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
Provision for loan losses     0 0
Vacation ownership interest sales | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Provision for loan losses     (91) 205
Cost of vacation ownership interest [Member] | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Estimated Inventory recoveries during the period $ (55)   33 (48)
Cost of vacation ownership interest [Member] | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
Estimated Inventory recoveries during the period     0 0
Cost of vacation ownership interest [Member] | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
Estimated Inventory recoveries during the period     0 0
Cost of vacation ownership interest [Member] | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Estimated Inventory recoveries during the period     33 (48)
COVID-19 related costs | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs     4 88
Professional Fees     3 17
COVID-19 related costs | COVID-19 (Member) | Personnel-related | COVID-19 Plan [Member]        
Restructuring Cost and Reserve [Line Items]        
Severance costs     1 71
Employee Retention Credits     2 26
COVID-19 related costs | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs   2 1 14
COVID-19 related costs | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs     0 9
COVID-19 related costs | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
COVID-19 related costs     3 65
Asset impairments/(recoveries), net and Operating expenses | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       56
Asset impairments/(recoveries), net and Operating expenses | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       1
Asset impairments/(recoveries), net and Operating expenses | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       34
Asset impairments/(recoveries), net and Operating expenses | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       21
Asset impairments/(recoveries), net | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net   $ 2 1 1
Asset impairments/(recoveries), net | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net     (6) 51
Asset impairments/(recoveries), net | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net     0 1
Asset impairments/(recoveries), net | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net     (6) 6
Asset impairments/(recoveries), net | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net     0 10
Operating Expense        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       5
Operating Expense | COVID-19 (Member)        
Restructuring Cost and Reserve [Line Items]        
Asset impairments/(recoveries), net       5
Inventory write-down       48
Operating Expense | COVID-19 (Member) | Corporate and Other        
Restructuring Cost and Reserve [Line Items]        
Inventory write-down       0
Operating Expense | COVID-19 (Member) | Travel and Membership        
Restructuring Cost and Reserve [Line Items]        
Inventory write-down       48
Operating Expense | COVID-19 (Member) | Vacation Ownership        
Restructuring Cost and Reserve [Line Items]        
Inventory write-down       0
Restructuring [Member] | COVID-19 (Member) | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring     (1) 36
Restructuring [Member] | COVID-19 (Member) | Corporate and Other | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring     0 0
Restructuring [Member] | COVID-19 (Member) | Travel and Membership | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring     0 22
Restructuring [Member] | COVID-19 (Member) | Travel and Membership | Facility-related | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       22
Restructuring [Member] | COVID-19 (Member) | Vacation Ownership | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring     $ (1) 14
Restructuring [Member] | COVID-19 (Member) | Vacation Ownership | Other Restructuring [Member] | Restructuring Plan 2020        
Restructuring Cost and Reserve [Line Items]        
Restructuring       $ 12
[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] Includes $3 million of stock-based compensation expense for the year ended December 31, 2022 associated with the 2022 restructuring plans.
[3] Includes $2 million of restructuring charges related to 2019 Restructuring Plans which have been fully repaid.
[4] Includes $1 million reversal of expense related to the reimbursement of prepaid licensing fees that were previously written-off at the Vacation Ownership segment.