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Debt (Tables)
6 Months Ended
Jun. 30, 2012
Debt and Securitized Vacation Ownership Debt [Abstract]  
Long-term debt and short-term borrowings
                 
    June 30,
2012
    December 31,
2011
 

Senior Credit Facility:

               

Revolving Credit Facility, maturing 2013

  $ —       $ —    

Senior Notes, interest at 6.25%, maturing 2013

    —         500  

Senior Notes, interest at 7.875%, maturing 2014

    499       497  

Senior Notes, interest at 7.375%, maturing 2015

    450       450  

Senior Notes, interest at 6.75%, maturing 2018

    400       400  

Senior Notes, interest at 7.15%, maturing 2019

    245       245  

Mortgages and other, interest rates ranging from 1.00% to 9.00%, various maturities

    58       105  
   

 

 

   

 

 

 
      1,652       2,197  

Less current maturities

    —         (3
   

 

 

   

 

 

 

Long-term debt

  $ 1,652     $ 2,194