INTERIM CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 237	$ 248
Restricted cash (including $128 and $79 from VIEs, respectively)	313	326
Accounts and contracts receivable, net (including $15 and $15 from VIEs, respectively)	422	385
Vacation ownership notes receivable, net (including $1,914 and $1,912 from VIEs, respectively)	2,336	2,343
Inventory	637	634
Property and equipment, net	1,299	1,260
Goodwill	3,117	3,117
Intangibles, net	839	854
Other (including $110 and $99 from VIEs, respectively)	667	513
TOTAL ASSETS	9,867	9,680
LIABILITIES AND EQUITY
Accounts payable	221	362
Advance deposits	176	164
Accrued liabilities (including $4 and $4 from VIEs, respectively)	384	343
Deferred revenue	482	382
Payroll and benefits liability	209	205
Deferred compensation liability	173	168
Securitized debt, net (including $2,205 and $2,121 from VIEs, respectively)	2,178	2,096
Debt, net	3,111	3,049
Other	227	249
Deferred taxes	328	280
TOTAL LIABILITIES	7,489	7,298
Contingencies and Commitments (Note 10)
Preferred stock — $0.01 par value; 2,000,000 shares authorized; none issued or outstanding	0	0
Common stock — $0.00 par value; 100,000,000 shares authorized; 75,847,526 and 75,807,882 shares issued, respectively	1	1
Treasury stock — at cost; 40,683,846 and 40,488,576 shares, respectively	(2,351)	(2,332)
Additional paid-in capital	3,951	3,955
Accumulated other comprehensive income	15	16
Retained earnings	763	742
TOTAL MVW STOCKHOLDERS' EQUITY	2,379	2,382
Noncontrolling interests	(1)	0
TOTAL EQUITY	2,378	2,382
TOTAL LIABILITIES AND EQUITY	$ 9,867	$ 9,680