XML 132 R98.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value Measurements - Schedule by Balance Sheet Grouping (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Capital lease obligations [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt and capital lease obligations, including current maturities $ 242 $ 245
Non-recourse debt of consolidated VIEs [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt and capital lease obligations, including current maturities 33 32
Level 1 [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Long-term debt 2,886 1,619
Level 2 [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash equivalents 958 327
Restricted cash equivalents 11 18
Interest rate swaps 12 15
Level 3 [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Timeshare financing receivables 1,153 1,080
Long-term debt 7,152 8,267
Timeshare debt 696 506
Carrying value [member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash equivalents 958 327
Restricted cash equivalents 11 18
Timeshare financing receivables [1] 1,031 976
Long-term debt [2],[3] 9,843 9,673
Timeshare debt [2] 694 502
Interest rate swaps $ 12 $ 15
[1] Carrying value includes allowance for loan loss.
[2] Carrying value includes unamortized deferred financing costs and discounts.
[3] Excludes capital lease obligations with a carrying value of $242 million and $245 million as of December 31, 2016 and December 31, 2015, respectively, and debt of certain consolidated VIEs with a carrying value of $33 million and $32 million, respectively.