Notes Receivable (Tables)

12 Months Ended

Dec. 31, 2011

Notes Receivable [Abstract]

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

	December 31,
	2011			2010
Vacation ownership loans-securitized	$	510		$	467
Vacation ownership loans-unsecuritized		113			152
		623			619
Less: current portion
Vacation ownership loans-securitized		(64	)		(59	)
Vacation ownership loans-unsecuritized		(20	)		(20	)
	$	539		$	540

Interest income related to VOI notes receivable

	Year Ended December 31,
	2011		2010		2009
Vacation ownership loans-securitized	$	64	$	66	$	—
Vacation ownership loans-unsecuritized		21		21		48
	$	85	$	87	$	48

Future maturities of gross VOI notes receivable and interest rates

	Securitized			Unsecuritized			Total
2012	$	73		$	29		$	102
2013		77			14			91
2014		79			12			91
2015		78			14			92
Thereafter		283			100			383
Balance at December 31, 2011	$	590		$	169		$	759
Weighted Average Interest Rates		12.84	%		11.89	%		12.58	%
Range of interest rates		5 to 17	%		5 to 17	%		5 to 17	%

Loan loss reserve

	Securitized			Unsecuritized			Total
Balance at December 31, 2008	$	—		$	91		$	91
Provisions for loan losses		—			64			64
Write-offs		—			(61	)		(61	)
Balance at December 31, 2009		—			94			94
Provisions for loan losses		14			32			46
Write-offs		—			(52	)		(52	)
Adoption of ASU No. 2009-17		77			(4	)		73
Other		(9	)		9			—
Balance at December 31, 2010		82			79			161
Provisions for loan losses		2			27			29
Write-offs		—			(54	)		(54	)
Other		(4	)		4			—
Balance at December 31, 2011	$	80		$	56		$	136

Past due balances of VOI notes receivable by credit quality indicators

	30-59 Days		60-89 Days		>90 Days		Total Past				Total
	Past Due		Past Due		Past Due		Due		Current		Receivables
As of December 31, 2011:
Sheraton	$	5	$	3	$	26	$	34	$	321	$	355
Westin		3		2		17		22		345		367
Other		1		1		4		6		31		37
	$	9	$	6	$	47	$	62	$	697	$	759
As of December 31, 2010:
Sheraton	$	6	$	4	$	30	$	40	$	314	$	354
Westin		5		3		33		41		342		383
Other		1		1		4		6		37		43
	$	12	$	8	$	67	$	87	$	693	$	780