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FINANCIAL INSTRUMENTS (Tables)
 3 Months Ended
Mar. 31, 2023
Investments, All Other Investments [Abstract]  
Carrying values and estimated fair values of financial assets and liabilities
The following table shows the carrying values and the estimated fair values of financial assets and liabilities that qualify as financial instruments, determined in accordance with the authoritative guidance for disclosures regarding the fair value of financial instruments. Considerable judgment is required in interpreting market data to develop estimates of fair value. The use of different market assumptions and/or estimation methodologies could have a material effect on the estimated fair value amounts. The table excludes Cash and cash equivalents, Restricted cash, Accounts and contracts receivable, deposits included in Other assets, Accounts payable, Advance deposits, Accrued liabilities, and derivative instruments, all of which had fair values approximating their carrying amounts due to the short maturities and liquidity of these instruments.
At March 31, 2023At December 31, 2022
($ in millions)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Vacation ownership notes receivable, net$2,220 $2,283 $2,198 $2,245 
Other assets80 80 76 76 
Total financial assets$2,300 $2,363 $2,274 $2,321 
Securitized debt, net$(1,936)$(1,838)$(1,938)$(1,828)
2025 Notes, net— — (248)(258)
2028 Notes, net(347)(310)(347)(307)
2029 Notes, net(494)(424)(494)(417)
Term Loan, net(779)(780)(778)(775)
Revolving Corporate Credit Facility, net(196)(200)— — 
2026 Convertible Notes, net(566)(553)(565)(560)
2027 Convertible Notes, net(561)(566)(560)(568)
Non-interest bearing note payable, net(4)(4)(10)(10)
Total financial liabilities$(4,883)$(4,675)$(4,940)$(4,723)
Vacation Ownership Notes Receivable
At March 31, 2023At December 31, 2022
($ in millions)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Vacation ownership notes receivable, net
Securitized$1,793 $1,854 $1,792 $1,837 
Eligible for securitization105 107 63 65 
Not eligible for securitization322 322 343 343 
Non-securitized427 429 406 408 
$2,220 $2,283 $2,198 $2,245