2018 Q4 Form 10-K Financial Statement

#000136165819000009 Filed on February 26, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 2017 Q4
Revenue $956.0M $3.931B $1.246B
YoY Change -23.27% -22.56% 4.44%
Cost Of Revenue $468.0M $183.0M $453.0M
YoY Change 3.31% 22.0% -29.98%
Gross Profit $487.0M $3.748B $477.0M
YoY Change 2.1% -23.91% -29.12%
Gross Profit Margin 50.94% 95.34% 38.28%
Selling, General & Admin $255.0M $1.122B $275.0M
YoY Change -7.27% -0.36% -22.1%
% of Gross Profit 52.36% 29.94% 57.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.00M $138.0M $36.00M
YoY Change -8.33% 1.47% -44.62%
% of Gross Profit 6.78% 3.68% 7.55%
Operating Expenses $288.0M $1.260B $311.0M
YoY Change -7.4% -0.16% -25.6%
Operating Profit $159.0M $523.0M $92.00M
YoY Change 72.83% 19.13% -63.92%
Interest Expense -$39.00M $170.0M $42.00M
YoY Change -192.86% 9.68% 27.27%
% of Operating Profit -24.53% 32.5% 45.65%
Other Income/Expense, Net $5.000M $42.00M $4.000M
YoY Change 25.0% 50.0% 33.33%
Pretax Income $124.0M $396.0M $79.00M
YoY Change 56.96% 24.53% -65.04%
Income Tax $18.00M $130.0M -$383.0M
% Of Pretax Income 14.52% 32.83% -484.81%
Net Earnings $112.0M $672.0M $416.0M
YoY Change -73.08% -21.31% 153.66%
Net Earnings / Revenue 11.72% 17.09% 33.39%
Basic Earnings Per Share $1.16 $6.80 $4.12
Diluted Earnings Per Share $1.16 $6.77 $4.09
COMMON SHARES
Basic Shares Outstanding 96.30M shares 98.90M shares 100.9M shares
Diluted Shares Outstanding 96.70M shares 99.20M shares 101.8M shares

Balance Sheet

Concept 2018 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $218.0M $243.0M $48.00M
YoY Change 354.17% 406.25% -57.52%
Cash & Equivalents $218.0M $218.0M $48.00M
Short-Term Investments $0.00 $25.00M
Other Short-Term Assets $304.0M $518.0M $328.0M
YoY Change -7.32% 338.98% 26.15%
Inventory $1.224B $1.224B $1.249B
Prepaid Expenses $153.0M $118.0M
Receivables $121.0M $121.0M $195.0M
Other Receivables $3.037B $3.106B $2.901B
Total Short-Term Assets $5.212B $5.212B $2.995B
YoY Change 74.02% 15.54% 65.29%
LONG-TERM ASSETS
Property, Plant & Equipment $712.0M $712.0M $822.0M
YoY Change -13.38% -13.38% -20.04%
Goodwill $922.0M $911.0M
YoY Change 1.21% -25.39%
Intangibles $218.0M $286.0M
YoY Change -23.78% -58.37%
Long-Term Investments
YoY Change
Other Assets $304.0M $203.0M $328.0M
YoY Change -7.32% -95.0% -7.61%
Total Long-Term Assets $1.946B $1.946B $7.455B
YoY Change -73.9% -67.23% -6.89%
TOTAL ASSETS
Total Short-Term Assets $5.212B $5.212B $2.995B
Total Long-Term Assets $1.946B $1.946B $7.455B
Total Assets $7.158B $7.158B $10.45B
YoY Change -31.5% -31.5% 6.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $66.00M $66.00M $232.0M
YoY Change -71.55% -71.55% 8.92%
Accrued Expenses $1.004B $995.0M $847.0M
YoY Change 18.54% 17.47% 18.13%
Deferred Revenue $518.0M $559.0M
YoY Change -7.33%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.588B $1.588B $2.629B
YoY Change -39.6% -3.05% 29.38%
LONG-TERM LIABILITIES
Long-Term Debt $5.238B $5.238B $6.006B
YoY Change -12.79% -12.79% 14.97%
Other Long-Term Liabilities $165.0M $165.0M $304.0M
YoY Change -45.72% -88.37% -13.88%
Total Long-Term Liabilities $5.403B $5.403B $304.0M
YoY Change 1677.3% -27.23% -13.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.588B $1.588B $2.629B
Total Long-Term Liabilities $5.403B $5.403B $304.0M
Total Liabilities $7.727B $7.732B $9.676B
YoY Change -20.14% -20.13% 6.32%
SHAREHOLDERS EQUITY
Retained Earnings $1.442B $2.501B
YoY Change -42.34% 26.5%
Common Stock $2.000M $2.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.043B $5.719B
YoY Change 5.67% 11.74%
Treasury Stock Shares 125.1M shares 118.9M shares
Shareholders Equity -$574.0M -$574.0M $769.0M
YoY Change
Total Liabilities & Shareholders Equity $7.158B $7.158B $10.45B
YoY Change -31.5% -31.5% 6.43%

Cashflow Statement

Concept 2018 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $112.0M $672.0M $416.0M
YoY Change -73.08% -21.31% 153.66%
Depreciation, Depletion And Amortization $33.00M $138.0M $36.00M
YoY Change -8.33% 1.47% -44.62%
Cash From Operating Activities $87.00M $442.0M $322.0M
YoY Change -72.98% -55.17% 72.19%
INVESTING ACTIVITIES
Capital Expenditures -$36.00M $99.00M -$31.00M
YoY Change 16.13% -7.48% -43.64%
Acquisitions $5.000M
YoY Change -89.58%
Other Investing Activities $47.00M $8.000M -$177.0M
YoY Change -126.55% 300.0% 40.48%
Cash From Investing Activities $11.00M -$725.0M -$208.0M
YoY Change -105.29% 100.28% 14.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $330.0M
YoY Change -44.91%
Debt Paid & Issued, Net $3.520B
YoY Change 172.24%
Cash From Financing Activities -68.00M $280.0M -154.0M
YoY Change -55.84% -150.18% 6.94%
NET CHANGE
Cash From Operating Activities 87.00M $442.0M 322.0M
Cash From Investing Activities 11.00M -$725.0M -208.0M
Cash From Financing Activities -68.00M $280.0M -154.0M
Net Change In Cash 30.00M -$12.00M -40.00M
YoY Change -175.0% -114.46% -71.01%
FREE CASH FLOW
Cash From Operating Activities $87.00M $442.0M $322.0M
Capital Expenditures -$36.00M $99.00M -$31.00M
Free Cash Flow $123.0M $343.0M $353.0M
YoY Change -65.16% -60.98% 45.87%

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0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2018 us-gaap Increase Decrease In Prepaid Expense
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26000000 USD
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2017Q4 us-gaap Indefinite Lived Trademarks
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CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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143000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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109000000 USD
CY2016 us-gaap Interest And Fee Income Loans Other Consumer
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332000000 USD
CY2017 us-gaap Interest And Fee Income Loans Other Consumer
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340000000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current And Noncurrent
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263000000 USD
CY2017Q4 us-gaap Escrow Deposit
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65000000 USD
CY2018Q4 us-gaap Escrow Deposit
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35000000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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9000000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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9000000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2018 us-gaap Interest And Fee Income Loans Other Consumer
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363000000 USD
CY2016 us-gaap Interest Costs Incurred Capitalized
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4000000 USD
CY2017 us-gaap Interest Costs Incurred Capitalized
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2000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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41000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
131000000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
106000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
266000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.19
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.82
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.13
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.00
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
4.40
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
6.26
CY2016 us-gaap General And Administrative Expense
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568000000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.41
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2017 us-gaap General And Administrative Expense
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580000000 USD
CY2018 us-gaap General And Administrative Expense
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513000000 USD
CY2017Q4 us-gaap Goodwill
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911000000 USD
CY2018Q4 us-gaap Goodwill
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922000000 USD
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CY2018 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2017Q4 us-gaap Guarantee Obligations Current Carrying Value
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2000000 USD
CY2018Q4 us-gaap Guarantee Obligations Current Carrying Value
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74000000 USD
us-gaap Impairment Of Real Estate
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13000000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.32
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.10
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.69
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
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3.17
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.81
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.13
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.99
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
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4.36
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
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6.22
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.41
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.31
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.10
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.68
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
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260000000 USD
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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4000000 USD
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
71000000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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162000000 USD
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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209000000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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66000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
42000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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7000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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6000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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6000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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6000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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6000000 USD
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162000000 USD
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2000000 USD
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CY2016 us-gaap Income Tax Expense Benefit
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190000000 USD
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CY2018Q4 us-gaap Income Tax Receivable
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CY2018Q4 us-gaap Interest Payable Current And Noncurrent
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CY2018Q4 us-gaap Inventory Net
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CY2018Q4 us-gaap Inventory Real Estate
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CY2017Q4 us-gaap Inventory Real Estate Construction In Process
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25000000 USD
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45000000 USD
CY2017Q4 us-gaap Inventory Real Estate Land And Land Development Costs
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4000000 USD
CY2018Q4 us-gaap Inventory Real Estate Land And Land Development Costs
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4000000 USD
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28000000 USD
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CY2018 us-gaap Investment Income Nonoperating
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5000000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
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47000000 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
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70000000 USD
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10450000000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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1419000000 USD
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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165000000 USD
CY2017Q4 us-gaap Litigation Reserve
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CY2018Q4 us-gaap Litigation Reserve
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621000000 USD
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691000000 USD
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CY2017Q4 us-gaap Long Term Debt Fair Value
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2217000000 USD
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264000000 USD
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233000000 USD
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892000000 USD
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803000000 USD
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852000000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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241000000 USD
CY2018 us-gaap Long Term Purchase Commitment Amount
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1120000000 USD
CY2018Q4 us-gaap Loss Contingency Estimate Of Possible Loss
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37000000 USD
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50000000 USD
CY2016 us-gaap Marketing And Advertising Expense
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546000000 USD
CY2018 us-gaap Marketing And Advertising Expense
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609000000 USD
CY2017Q4 us-gaap Minority Interest
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CY2018Q4 us-gaap Minority Interest
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963000000 USD
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986000000 USD
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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442000000 USD
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441000000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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500000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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280000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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292000000 USD
CY2018 us-gaap Net Income Loss
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672000000 USD
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CY2017Q4 us-gaap Net Income Loss
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CY2017 us-gaap Net Income Loss
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1000000 USD
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3 segment
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42000000 USD
CY2018Q4 us-gaap Nontrade Receivables Noncurrent
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63000000 USD
us-gaap Number Of Reportable Segments
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1607000000 USD
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3592000000 USD
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CY2018 us-gaap Operating Costs And Expenses
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3037000000 USD
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3771000000 USD
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2901000000 USD
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0 USD
CY2017Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1000000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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120000000 USD
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45000000 USD
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92000000 USD
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30000000 USD
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99000000 USD
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95000000 USD
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1000000 USD
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1000000 USD
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0 USD
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96000000 USD
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CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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135000000 USD
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61000000 USD
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CY2017 us-gaap Other Asset Impairment Charges
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205000000 USD
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328000000 USD
CY2017 us-gaap Operating Income Loss
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439000000 USD
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304000000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous Current
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CY2018Q1 us-gaap Operating Income Loss
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103000000 USD
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65000000 USD
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47000000 USD
CY2018Q3 us-gaap Operating Income Loss
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197000000 USD
CY2018Q4 us-gaap Operating Income Loss
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159000000 USD
CY2018 us-gaap Operating Income Loss
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523000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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235000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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34000000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous Noncurrent
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26000000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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328000000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
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29000000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
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330000000 USD
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10000000 USD
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21000000 USD
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28000000 USD
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38000000 USD
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20000000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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5000000 USD
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4000000 USD
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21000000 USD
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CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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6000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
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6000000 shares
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0 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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CY2018Q4 us-gaap Preferred Stock Value
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820000000 USD
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48000000 USD
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5000000 USD
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325000000 USD
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300000000 USD
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117000000 USD
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36000000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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39000000 USD
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60000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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107000000 USD
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99000000 USD
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20000000 USD
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223000000 USD
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242000000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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194000000 USD
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3000000 USD
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3000000 USD
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1000000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3000000 USD
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6000000 USD
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us-gaap Proceeds From Sale Of Real Estate
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5000000 USD
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28000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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28000000 USD
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102900000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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100800000 shares
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96700000 shares
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103800000 shares
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102400000 shares
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100100000 shares
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100000000 shares
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99100000 shares
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96300000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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43000000 USD
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51000000 USD
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75000000 USD
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CY2018Q4 us-gaap Revenue Remaining Performance Obligation
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CY2018Q4 us-gaap Revenue Remaining Performance Obligation
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27000000 USD
CY2018Q4 us-gaap Revenue Remaining Performance Obligation
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22000000 USD
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14000000 USD
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519000000 USD
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P1Y
CY2017Q4 wyn Accrued Separation
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17000000 USD
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32000000 USD
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P1Y
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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59000000 USD
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15000000 shares
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6000000000 USD
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816000000 USD
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601000000 USD
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342000000 USD
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420000000 USD
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953000000 USD
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633000000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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774000000 USD
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106000000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
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120000000 USD
CY2016 us-gaap Restructuring Charges
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CY2018 us-gaap Restructuring Charges
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CY2017Q4 us-gaap Tax Credit Carryforward Valuation Allowance
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14000000 USD
CY2018Q4 us-gaap Tax Credit Carryforward Valuation Allowance
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34000000 USD
CY2017Q4 us-gaap Treasury Stock Shares
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CY2018Q4 us-gaap Treasury Stock Shares
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5719000000 USD
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CY2016Q4 us-gaap Restructuring Reserve
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7000000 USD
CY2018Q4 us-gaap Treasury Stock Value
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654000000 USD
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22000000 USD
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5000000 USD
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25000000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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28000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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28000000 USD
CY2018Q4 us-gaap Restructuring Reserve
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12000000 USD
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-2000000 USD
CY2017 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1000000 USD
CY2018 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
0 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2501000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1000000 USD
CY2017 wyn Effective Income Tax Rate Reconciliation Valuation Allowance
EffectiveIncomeTaxRateReconciliationValuationAllowance
-0.025
CY2018 wyn Effective Income Tax Rate Reconciliation Valuation Allowance
EffectiveIncomeTaxRateReconciliationValuationAllowance
0.108
CY2017Q4 wyn Estimated Recoveries Inventory
EstimatedRecoveriesInventory
279000000 USD
CY2016 wyn Adjusted Earnings Before Interest Taxes Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationandAmortization
892000000 USD
CY2017 wyn Adjusted Earnings Before Interest Taxes Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationandAmortization
882000000 USD
CY2018 wyn Adjusted Earnings Before Interest Taxes Depreciationand Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationandAmortization
942000000 USD
CY2016 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationRequisiteServicePeriodRecognitionBoardofDirectors
1000000 USD
CY2018Q4 wyn Estimated Recoveries Inventory
EstimatedRecoveriesInventory
286000000 USD
CY2017 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationRequisiteServicePeriodRecognitionBoardofDirectors
2000000 USD
CY2016 wyn Executive Departure Costs
ExecutiveDepartureCosts
6000000 USD
CY2018 wyn Adjustmentsto Additional Paidin Capital Sharebased Compensation Requisite Service Period Recognition Boardof Directors
AdjustmentstoAdditionalPaidinCapitalSharebasedCompensationRequisiteServicePeriodRecognitionBoardofDirectors
-9000000 USD
CY2018Q4 wyn Assembled Commitments Amount
AssembledCommitmentsAmount
2600000000 USD
CY2016Q4 wyn Assets Netof Investmentin Unconsolidated Subsidiaries
AssetsNetofInvestmentinUnconsolidatedSubsidiaries
6690000000 USD
CY2017Q4 wyn Assets Netof Investmentin Unconsolidated Subsidiaries
AssetsNetofInvestmentinUnconsolidatedSubsidiaries
6886000000 USD
CY2018Q4 wyn Assets Netof Investmentin Unconsolidated Subsidiaries
AssetsNetofInvestmentinUnconsolidatedSubsidiaries
7158000000 USD
CY2017 wyn Cash Paid To Third Party Developer
CashPaidToThirdPartyDeveloper
148000000 USD
CY2018 wyn Cash Paid To Third Party Developer
CashPaidToThirdPartyDeveloper
82000000 USD
CY2017Q4 wyn Company Vacation Exchange And Rentals Current
CompanyVacationExchangeAndRentalsCurrent
57000000 USD
CY2018Q4 wyn Company Vacation Exchange And Rentals Current
CompanyVacationExchangeAndRentalsCurrent
59000000 USD
CY2017 wyn Executive Departure Costs
ExecutiveDepartureCosts
0 USD
CY2018 wyn Executive Departure Costs
ExecutiveDepartureCosts
0 USD
CY2018Q4 wyn Fees For Property Management Services Budgeted Operating Expenses Percentage
FeesForPropertyManagementServicesBudgetedOperatingExpensesPercentage
0.1
CY2018Q4 wyn General Purpose Surety Bonds Outstanding
GeneralPurposeSuretyBondsOutstanding
365000000 USD
CY2018 wyn Goodwill Purchase Accounting Adjustments Current Year
GoodwillPurchaseAccountingAdjustmentsCurrentYear
23000000 USD
CY2018 wyn Guaranteesand Indemnifications Paymentof Fees For Default
GuaranteesandIndemnificationsPaymentofFeesForDefault
8000000 USD
CY2016 wyn Income Tax Refunds Value Added
IncomeTaxRefundsValueAdded
0 USD
CY2017 wyn Income Tax Refunds Value Added
IncomeTaxRefundsValueAdded
0 USD
CY2018 wyn Income Tax Refunds Value Added
IncomeTaxRefundsValueAdded
16000000 USD
CY2017Q4 wyn Inventory Sold Subject To Conditional Repurchase
InventorySoldSubjectToConditionalRepurchase
43000000 USD
CY2018Q4 wyn Accrued Voi Maintenance Fees
AccruedVOIMaintenanceFees
31000000 USD
CY2018Q4 wyn Inventory Sold Subject To Conditional Repurchase
InventorySoldSubjectToConditionalRepurchase
33000000 USD
CY2016Q4 wyn Inventory Sold Under Agreementto Repurchase Repurchase Liability
InventorySoldUnderAgreementtoRepurchaseRepurchaseLiability
198000000 USD
CY2017Q4 wyn Inventory Sold Under Agreementto Repurchase Repurchase Liability
InventorySoldUnderAgreementtoRepurchaseRepurchaseLiability
144000000 USD
CY2018Q4 wyn Inventory Sold Under Agreementto Repurchase Repurchase Liability
InventorySoldUnderAgreementtoRepurchaseRepurchaseLiability
94000000 USD
CY2017Q4 wyn Inventory Sold Under Agreementto Repurchase Repurchase Liability Current
InventorySoldUnderAgreementtoRepurchaseRepurchaseLiabilityCurrent
144000000 USD
CY2017Q4 wyn Completed Inventory And Vacation Credits
CompletedInventoryAndVacationCredits
841000000 USD
CY2018Q4 wyn Completed Inventory And Vacation Credits
CompletedInventoryAndVacationCredits
797000000 USD
CY2016Q4 wyn Contract Receivable Weighted Average Interest Rate
ContractReceivableWeightedAverageInterestRate
0.139
CY2018Q4 wyn Inventory Sold Under Agreementto Repurchase Repurchase Liability Current
InventorySoldUnderAgreementtoRepurchaseRepurchaseLiabilityCurrent
94000000 USD
CY2017 wyn Inventorytransferredto Propertyand Equipment
InventorytransferredtoPropertyandEquipment
41000000 USD
CY2018 wyn Inventorytransferredto Propertyand Equipment
InventorytransferredtoPropertyandEquipment
23000000 USD
CY2017Q4 wyn Loyalty Liability
LoyaltyLiability
13000000 USD
CY2018Q4 wyn Loyalty Liability
LoyaltyLiability
13000000 USD
CY2018 wyn Management Services Term
ManagementServicesTerm
P1Y
CY2017Q4 wyn Contract Receivable Weighted Average Interest Rate
ContractReceivableWeightedAverageInterestRate
0.139
CY2018Q4 wyn Contract Receivable Weighted Average Interest Rate
ContractReceivableWeightedAverageInterestRate
0.141
CY2017 wyn Non Cash Transferto Debt
NonCashTransfertoDebt
-67000000 USD
CY2018 wyn Noncash Incentives Expiration Period
NoncashIncentivesExpirationPeriod
P18M
CY2018 wyn Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
352000000 USD
CY2018 wyn Contractwith Customer Liability Held For Sale
ContractwithCustomerLiabilityHeldForSale
38000000 USD
CY2018 wyn Contractwith Customer Liability Other
ContractwithCustomerLiabilityOther
10000000 USD
CY2017Q4 wyn Deferred Tax Assets Other Comprehensive Income
DeferredTaxAssetsOtherComprehensiveIncome
58000000 USD
CY2018Q4 wyn Deferred Tax Assets Other Comprehensive Income
DeferredTaxAssetsOtherComprehensiveIncome
63000000 USD
CY2017Q4 wyn Deferred Tax Assets Tax Credit Carryforwards Foreign Noncurrent
DeferredTaxAssetsTaxCreditCarryforwardsForeignNoncurrent
64000000 USD
CY2017Q2 wyn Number Of Properties Assessed For Future Development
NumberOfPropertiesAssessedForFutureDevelopment
19 location
CY2017Q2 wyn Number Of Properties Deemed Impaired
NumberOfPropertiesDeemedImpaired
16 location
CY2017Q2 wyn Number Of Properties Deemed No Future Development
NumberOfPropertiesDeemedNoFutureDevelopment
17 location
CY2018Q4 wyn Deferred Tax Assets Tax Credit Carryforwards Foreign Noncurrent
DeferredTaxAssetsTaxCreditCarryforwardsForeignNoncurrent
81000000 USD
CY2017Q4 wyn Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Losses Noncurrent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLossesNoncurrent
192000000 USD
CY2018Q4 wyn Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Losses Noncurrent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLossesNoncurrent
210000000 USD
CY2017Q4 wyn Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
185000000 USD
CY2018Q4 wyn Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
192000000 USD
CY2017Q4 wyn Deferred Tax Liabilities Future Recovered Inventory
DeferredTaxLiabilitiesFutureRecoveredInventory
69000000 USD
CY2018Q4 wyn Deferred Tax Liabilities Future Recovered Inventory
DeferredTaxLiabilitiesFutureRecoveredInventory
71000000 USD
CY2017Q4 wyn Deferredtaxassetsaccruedliabilitiesanddeferredincomenoncurrent
Deferredtaxassetsaccruedliabilitiesanddeferredincomenoncurrent
95000000 USD
CY2018Q4 wyn Deferredtaxassetsaccruedliabilitiesanddeferredincomenoncurrent
Deferredtaxassetsaccruedliabilitiesanddeferredincomenoncurrent
62000000 USD
CY2017Q4 wyn Deferredtaxassetsliabilitiesgrossnoncurrent
Deferredtaxassetsliabilitiesgrossnoncurrent
1037000000 USD
CY2018Q4 wyn Deferredtaxassetsliabilitiesgrossnoncurrent
Deferredtaxassetsliabilitiesgrossnoncurrent
1134000000 USD
CY2017Q4 wyn Deferredtaxliabilitiesinstallmentsalesofvacationownershipinterestsnoncurrent
Deferredtaxliabilitiesinstallmentsalesofvacationownershipinterestsnoncurrent
737000000 USD
CY2018Q4 wyn Deferredtaxliabilitiesinstallmentsalesofvacationownershipinterestsnoncurrent
Deferredtaxliabilitiesinstallmentsalesofvacationownershipinterestsnoncurrent
802000000 USD
CY2017Q4 wyn Deferredtaxliabilitiesothernoncurrent
Deferredtaxliabilitiesothernoncurrent
8000000 USD
CY2018Q4 wyn Deferredtaxliabilitiesothernoncurrent
Deferredtaxliabilitiesothernoncurrent
24000000 USD
CY2018Q4 wyn Disposal Group Including Discontinued Operation Accounts Restricted Cash
DisposalGroupIncludingDiscontinuedOperationAccountsRestrictedCash
31000000 USD
CY2016 wyn Effective Income Tax Rate Reconciliation Taxes On Foreign Income Net Of Tax Credits
EffectiveIncomeTaxRateReconciliationTaxesOnForeignIncomeNetOfTaxCredits
-0.029
CY2017 wyn Effective Income Tax Rate Reconciliation Taxes On Foreign Income Net Of Tax Credits
EffectiveIncomeTaxRateReconciliationTaxesOnForeignIncomeNetOfTaxCredits
-0.023
CY2018 wyn Effective Income Tax Rate Reconciliation Taxes On Foreign Income Net Of Tax Credits
EffectiveIncomeTaxRateReconciliationTaxesOnForeignIncomeNetOfTaxCredits
0.027
CY2016 wyn Effective Income Tax Rate Reconciliation Valuation Allowance
EffectiveIncomeTaxRateReconciliationValuationAllowance
0.01
CY2017 wyn Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Asset Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxAssetProvisionalIncomeTaxExpense
3000000 USD
CY2018Q1 wyn Tax Cuts And Jobs Act Of2017 Reclassificationof Aoc Ito Retained Earnings
TaxCutsAndJobsActOf2017ReclassificationofAOCItoRetainedEarnings
8000000 USD
CY2018Q4 wyn Total Inventory Sold Subject To Conditional Repurchase
TotalInventorySoldSubjectToConditionalRepurchase
160000000 USD
CY2016 wyn Trade Receivables Translation And Other Adjustments
TradeReceivablesTranslationAndOtherAdjustments
0 USD
CY2017 wyn Trade Receivables Translation And Other Adjustments
TradeReceivablesTranslationAndOtherAdjustments
1000000 USD
CY2018 wyn Trade Receivables Translation And Other Adjustments
TradeReceivablesTranslationAndOtherAdjustments
0 USD
CY2018 wyn Repaymentsof Saleof Assets Financing Activities
RepaymentsofSaleofAssetsFinancingActivities
12000000 USD
CY2017Q4 wyn Vacation Ownership Contract Receivables Fair Value
VacationOwnershipContractReceivablesFairValue
3489000000 USD
CY2018 wyn Number Surety Providers Assembled Commitments
NumberSuretyProvidersAssembledCommitments
15 Surety_Providers
CY2017Q2 wyn Numberof Additional Impaired Properties Sold
NumberofAdditionalImpairedPropertiesSold
2 location
CY2017Q2 wyn Numberof Impaired Properties Sold
NumberofImpairedPropertiesSold
3 location
CY2017Q2 wyn Numberof Properties Deemed Impaired Writeoffof Constructionin Process Costs
NumberofPropertiesDeemedImpairedWriteoffofConstructioninProcessCosts
6 location
CY2016 wyn Originations Of Finance Receivables
OriginationsOfFinanceReceivables
1230000000 USD
CY2016 wyn Separation Related Costs
SeparationRelatedCosts
0 USD
CY2017 wyn Originations Of Finance Receivables
OriginationsOfFinanceReceivables
1390000000 USD
CY2018 wyn Originations Of Finance Receivables
OriginationsOfFinanceReceivables
1510000000 USD
CY2017Q4 wyn Other Deferred Tax Assets Valuation Allowance
OtherDeferredTaxAssetsValuationAllowance
3000000 USD
CY2018Q4 wyn Other Deferred Tax Assets Valuation Allowance
OtherDeferredTaxAssetsValuationAllowance
14000000 USD
CY2017Q4 wyn Payables Associatedwith Separation Activities
PayablesAssociatedwithSeparationActivities
14000000 USD
CY2018Q4 wyn Payables Associatedwith Separation Activities
PayablesAssociatedwithSeparationActivities
102000000 USD
CY2016 wyn Paymentsto Related Partyat Spinoff
PaymentstoRelatedPartyatSpinoff
0 USD
CY2018Q4 wyn Voi Purchaser Funds Percentage
VOIPurchaserFundsPercentage
1
CY2017 wyn Separation Related Costs
SeparationRelatedCosts
4000000 USD
CY2017 wyn Paymentsto Related Partyat Spinoff
PaymentstoRelatedPartyatSpinoff
0 USD
CY2018 wyn Paymentsto Related Partyat Spinoff
PaymentstoRelatedPartyatSpinoff
476000000 USD
CY2016 wyn Proceedsfrom Saleof Assets Financing Activities
ProceedsfromSaleofAssetsFinancingActivities
20000000 USD
CY2017 wyn Proceedsfrom Saleof Assets Financing Activities
ProceedsfromSaleofAssetsFinancingActivities
0 USD
CY2018 wyn Proceedsfrom Saleof Assets Financing Activities
ProceedsfromSaleofAssetsFinancingActivities
0 USD
CY2017Q4 wyn Property Plant And Equipment Writedown
PropertyPlantAndEquipmentWritedown
37000000 USD
CY2017 wyn Property Plant And Equipment Writedown
PropertyPlantAndEquipmentWritedown
37000000 USD
CY2017 wyn Purchasesfrom Third Party Developer
PurchasesfromThirdPartyDeveloper
161000000 USD
CY2018 wyn Purchasesfrom Third Party Developer
PurchasesfromThirdPartyDeveloper
32000000 USD
CY2018Q3 wyn Real Estate Impairment Expense Reversalof Expense
RealEstateImpairmentExpenseReversalofExpense
4000000 USD
CY2017Q4 wyn Recognized Liability Associated With Guarantees
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0 USD
CY2018Q4 wyn Recognized Liability Associated With Guarantees
RecognizedLiabilityAssociatedWithGuarantees
0 USD
CY2016 wyn Repaymentsof Saleof Assets Financing Activities
RepaymentsofSaleofAssetsFinancingActivities
26000000 USD
CY2017 wyn Repaymentsof Saleof Assets Financing Activities
RepaymentsofSaleofAssetsFinancingActivities
41000000 USD
CY2018 wyn Separation Related Costs
SeparationRelatedCosts
105000000 USD
CY2016 wyn Separationand Related Costs
SeparationandRelatedCosts
0 USD
CY2017 wyn Separationand Related Costs
SeparationandRelatedCosts
26000000 USD
CY2018 wyn Separationand Related Costs
SeparationandRelatedCosts
223000000 USD
CY2018 wyn Stock Repurchase Program Increase In Authorized Amount
StockRepurchaseProgramIncreaseInAuthorizedAmount
78000000 USD
CY2018Q4 wyn Vacation Ownership Contract Receivables Fair Value
VacationOwnershipContractReceivablesFairValue
3662000000 USD
CY2018 wyn Voi Contract Receivable Written Off As Credit Loss
VoiContractReceivableWrittenOffAsCreditLoss
P120D
CY2018 wyn Voi Contract Receivables
VoiContractReceivables
P90D
CY2018 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following table summarizes stock repurchase activity under the current share repurchase program (in millions, except per share data):</font></div><div style="line-height:120%;padding-left:24px;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:96.49122807017544%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:59%;" rowspan="1" colspan="1"></td><td style="width:12%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:11%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Shares</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Average Price Per Share</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of December 31, 2017</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">94.4</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,938</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">52.32</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Repurchases prior to spin-off of Wyndham Hotels</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.9</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">103</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">114.89</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Repurchases after spin-off of Wyndham Hotels</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">221</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">41.31</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of December 31, 2018</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">100.6</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,262</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr></table></div></div></div>

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