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Variable Interest Entities (Assets And Liabilities Of Vacation Ownership SPEs) (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Schedule Of Transfer And Financial Assets [Line Items]      
Less: Restricted cash $ 139 $ 121 $ 153
Other assets 386 387  
Total assets 6,728 7,613  
Total SPE liabilities (7,704) (8,581)  
Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Less: Restricted cash 110 92  
Non-recourse term notes (2,183) (2,234)  
Vacation Ownership SPEs      
Schedule Of Transfer And Financial Assets [Line Items]      
Deferred financing cost related to securitized debt 23 21  
Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Securitized contract receivables, gross [1] 2,313 2,458  
Less: Restricted cash [2] 110 92  
Interest receivables on securitized contract receivables [3] 20 23  
Other assets [4] 5 5  
Total assets 2,448 2,578  
Other liabilities [5] (10) (2)  
Total SPE liabilities (2,193) (2,236)  
SPE assets in excess of SPE liabilities 255 342  
Term Notes [Member] | Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Non-recourse term notes [6],[7] (1,954) (1,893)  
Non-recourse bank conduit facility [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Non-recourse term notes [8] (229)    
Non-recourse bank conduit facility [Member] | Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]      
Schedule Of Transfer And Financial Assets [Line Items]      
Non-recourse term notes [6] $ (229) $ (341)  
[1] The Company does not allocate allowance for loan losses to SPEs. This amount is included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets.
[2] Included in Restricted cash on the Condensed Consolidated Balance Sheets.
[3] Included in Trade receivables, net on the Condensed Consolidated Balance Sheets.
[4] Primarily includes deferred financing costs for the bank conduit facility and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets.
[5] Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.
[6] Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets.
[7] Includes deferred financing costs of $23 million and $21 million as of March 31, 2021 and December 31, 2020, related to non-recourse debt.
[8] Consists of the Company’s USD bank conduit facility and AUD/NZD bank conduit facility. The capacity of these facilities is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings.