Vacation Ownership Notes Receivable (Tables)

9 Months Ended

Sep. 30, 2011

Vacation Ownership Notes Receivable [Abstract]

Notes receivable (net of reserves) related to vacation ownership loans

	September 30, 2011			December 31, 2010
Vacation ownership loans – securitized	$	379		$	467
Vacation ownership loans – unsecuritized		239			152
		618			619
Less: current portion
Vacation ownership loans – securitized		(54	)		(59	)
Vacation ownership loans – unsecuritized		(29	)		(20	)
	$	535		$	540

Interest income related to VOI notes receivable

	Three Months  Ended September 30,
	2011		2010
Vacation ownership loans – securitized	$	14	$	17
Vacation ownership loans – unsecuritized		7		4
	$	21	$	21

	Nine Months  Ended September 30,
	2011		2010
Vacation ownership loans – securitized	$	46	$	49
Vacation ownership loans – unsecuritized		18		17
	$	64	$	66

Future maturities of gross VOI notes receivable and interest rates

	Securitized			Unsecuritized			Total
2011	$	15		$	20		$	35
2012		64			27			91
2013		66			27			93
2014		66			27			93
Thereafter		229			220			449
Balance at September 30, 2011	$	440		$	321		$	761
Weighted Average Interest Rates		12.70	%		12.44	%		12.58	%
Range of interest rates		5 to 17	%		5 to 18	%		5 to 18	%

Loan loss reserve

	Securitized			Unsecuritized			Total
Balance at June 30, 2011	$	68		$	80		$	148
Provisions for loan losses		—			7			7
Write-offs of uncollectible receivables		—			(12	)		(12	)
Transfers to and from securitized & unsecuritized, net		(7	)		7			—
Balance at September 30, 2011	$	61		$	82		$	143
Balance at December 31, 2010	$	82		$	79		$	161
Provisions for loan losses		2			20			22
Write-offs of uncollectible receivables		—			(40	)		(40	)
Transfers to and from securitized & unsecuritized, net		(23	)		23			—
Balance at September 30, 2011	$	61		$	82		$	143
Balance at June 30, 2010	$	69		$	96		$	165
Provisions for loan losses		1			10			11
Write-offs of uncollectible receivables		—			(14	)		(14	)
Transfers to and from securitized & unsecuritized, net		18			(18	)		—
Balance at September 30, 2010	$	88		$	74		$	162
Balance at December 31, 2009	$	—		$	94		$	94
Provisions for loan losses		12			24			36
Write-offs of uncollectible receivables		—			(41	)		(41	)
ASU No. 2009-17 implementation		77			(4	)		73
Transfers to and from securitized & unsecuritized, net		(1	)		1			—
Balance at September 30, 2010	$	88		$	74		$	162