CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
OPERATING ACTIVITIES
Net income	$ 391	$ 53	$ (256)
Adjustments to reconcile net income (loss) to net cash, cash equivalents, and restricted cash provided by operating activities:
Depreciation and amortization of intangibles	132	146	123
Amortization of debt discount and issuance costs	25	56	22
Vacation ownership notes receivable reserve	150	101	150
Share-based compensation	39	51	36
Impairment charges	0	3	100
Gains and other income, net	(48)	0	(4)
Deferred income taxes	87	34	(38)
Net change in assets and liabilities, net of the effects of acquisition:
Accounts and contracts receivable	(45)	0	21
Vacation ownership notes receivable originations	(980)	(750)	(377)
Vacation ownership notes receivable collections	642	686	620
Inventory	104	61	18
Other assets	(49)	(46)	44
Accounts payable, advance deposits and accrued liabilities	112	42	(146)
Deferred revenue	(9)	88	59
Payroll and benefit liabilities	53	35	(29)
Deferred compensation liability	13	22	17
Other liabilities	(38)	27	0
Deconsolidation of certain Consolidated Property Owners' Associations	(48)	(168)	0
Purchase of vacation ownership units for future transfer to inventory	(12)	(98)	(61)
Other, net	3	0	0
Net cash, cash equivalents, and restricted cash provided by operating activities	522	343	299
INVESTING ACTIVITIES
Acquisition of a business, net of cash and restricted cash acquired	0	(157)	0
Proceeds from disposition of subsidiaries, net of cash and restricted cash transferred	94	0	0
Capital expenditures for property and equipment (excluding inventory)	(65)	(47)	(41)
Issuance of note receivable to VIE	(47)	0	0
Proceeds from collection of note receivable from VIE	47	0	0
Purchase of company owned life insurance	(18)	(14)	(6)
Dispositions, net	3	3	15
Other, net	2	2	0
Net cash, cash equivalents, and restricted cash provided by (used in) investing activities	16	(213)	(32)
FINANCING ACTIVITIES
Borrowings from securitization transactions	1,031	957	690
Repayment of debt related to securitization transactions	(945)	(868)	(960)
Proceeds from debt	1,266	1,111	1,166
Repayments of debt	(935)	(1,339)	(705)
Purchase of convertible note hedges	(107)	(100)	0
Proceeds from issuance of warrants	43	70	0
Payment of debt issuance costs	(15)	(22)	(14)
Finance lease payments	(4)	(5)	(11)
Repurchase of common stock	(701)	(78)	(82)
Payment of dividends	(99)	(23)	(45)
Payment of withholding taxes on vesting of restricted stock units	(23)	(20)	(16)
Other, net	3	0	0
Net cash, cash equivalents, and restricted cash (used in) provided by financing activities	(486)	(317)	23
Effect of changes in exchange rates on cash, cash equivalents, and restricted cash	(1)	(2)	1
Change in cash, cash equivalents, and restricted cash	51	(189)	291
Cash, cash equivalents, and restricted cash, beginning of year	803	992	701
Cash, cash equivalents, and restricted cash, end of year	854	803	992
SUPPLEMENTAL DISCLOSURES
Non-cash issuance of debt in connection with asset acquisition	11	0	0
Non-cash issuance of treasury stock in connection with Welk Acquisition	0	248	0
Non-cash transfer from inventory to property and equipment	47	105	74
Non-cash transfer from property and equipment to inventory	13	2	0
Non-cash transfer from other assets to property and equipment	14	22	0
Non-cash issuance of treasury stock for employee stock purchase plan	5	3	2
Dividends payable	27	23	0
Interest paid, net of amounts capitalized	149	184	176
Income taxes paid, net of refunds (income tax refunds, net of income taxes paid)	$ 57	$ (13)	$ (32)