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ADOPTION IMPACT OF NEW REVENUE STANDARD - Income Statement Impact (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 4 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Sep. 09, 2016
Jun. 17, 2016
Mar. 25, 2016
Dec. 30, 2016
Dec. 31, 2017
Dec. 30, 2016
Jan. 01, 2016
REVENUES                      
Sale of vacation ownership products                 $ 757 $ 623 $ 693
Resort management and other services                 279 278 269
Financing                 135 127 125
Rental                 262 252 260
Cost reimbursements                 750 720 720
TOTAL REVENUES $ 562 $ 530 $ 563 $ 528 $ 484 $ 452 $ 442 $ 622 2,183 2,000 2,067
EXPENSES                      
Cost of vacation ownership products                 194 163 218
Marketing and sales                 395 340 317
Resort management and other services                 155 157 163
Financing                 18 19 21
Rental                 223 212 211
Litigation settlement                 4 (1) 0
Administrative expenses                 110 105 106
Organizational and separation related                 0 0 1
Consumer financing interest                 25 24 25
Royalty fee                 63 61 59
Impairment                 0 0 1
Cost reimbursements                 750 720 720
TOTAL EXPENSES 504 461 489 483 418 416 424 542 1,937 1,800 1,842
Gains and other income, net                 6 11 10
Interest expense                 (10) (9) (13)
Other                 (2) (4) (8)
INCOME BEFORE INCOME TAXES                 240 198 214
Benefit (provision) for income taxes                 (5) (76) (87)
NET INCOME $ 112 $ 47 $ 48 $ 28 $ 41 $ 25 $ 7 $ 49 $ 235 $ 122 $ 127
Earnings per share - Basic (in usd per share) $ 4.21 $ 1.74 $ 1.76 $ 1.02 $ 1.51 $ 0.90 $ 0.23 $ 1.79 $ 8.70 $ 4.37 $ 4.04
Earnings per share - Diluted (in usd per share) $ 4.10 $ 1.70 $ 1.72 $ 1.00 $ 1.48 $ 0.89 $ 0.23 $ 1.75 $ 8.49 $ 4.29 $ 3.95
As Reported | Accounting Standards Update 2014-09                      
REVENUES                      
Sale of vacation ownership products                 $ 728 $ 638 $ 675
Resort management and other services                 306 300 293
Financing                 135 126 124
Rental                 323 312 313
Cost reimbursements                 460 432 406
TOTAL REVENUES                 1,952 1,808 1,811
EXPENSES                      
Cost of vacation ownership products                 178 155 204
Marketing and sales                 409 353 330
Resort management and other services                 172 174 180
Financing                 18 19 21
Rental                 281 261 260
Litigation settlement                 4 (1)  
Administrative expenses                 110 105 106
Organizational and separation related                     1
Consumer financing interest                 25 24 25
Royalty fee                 63 61 59
Impairment                     1
Cost reimbursements                 460 432 406
TOTAL EXPENSES                 1,720 1,583 1,593
Gains and other income, net                 6 11 10
Interest expense                 (10) (9) (13)
Other                 (2) (4) (8)
INCOME BEFORE INCOME TAXES                 226 223 207
Benefit (provision) for income taxes                 1 (86) (84)
NET INCOME                 $ 227 $ 137 $ 123
Earnings per share - Basic (in usd per share)                 $ 8.38 $ 4.93 $ 3.90
Earnings per share - Diluted (in usd per share)                 $ 8.18 $ 4.83 $ 3.82
Adjustments | Accounting Standards Update 2014-09                      
REVENUES                      
Sale of vacation ownership products                 $ 29 $ (15) $ 18
Resort management and other services                 (27) (22) (24)
Financing                 0 1 1
Rental                 (61) (60) (53)
Cost reimbursements                 290 288 314
TOTAL REVENUES                 231 192 256
EXPENSES                      
Cost of vacation ownership products                 16 8 14
Marketing and sales                 (14) (13) (13)
Resort management and other services                 (17) (17) (17)
Financing                 0 0 0
Rental                 (58) (49) (49)
Litigation settlement                 0 0  
Administrative expenses                 0 0 0
Organizational and separation related                     0
Consumer financing interest                 0 0 0
Royalty fee                 0 0 0
Impairment                     0
Cost reimbursements                 290 288 314
TOTAL EXPENSES                 217 217 249
Gains and other income, net                 0 0 0
Interest expense                 0 0 0
Other                 0 0 0
INCOME BEFORE INCOME TAXES                 14 (25) 7
Benefit (provision) for income taxes                 (6) 10 (3)
NET INCOME                 $ 8 $ (15) $ 4
Earnings per share - Basic (in usd per share)                 $ 0.32 $ (0.56) $ 0.14
Earnings per share - Diluted (in usd per share)                 $ 0.31 $ (0.54) $ 0.13