2018 Q4 Form 10-K Financial Statement
#000152435819000008 Filed on March 01, 2019
Income Statement
Concept | 2018 Q4 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
Revenue | $1.052B | $562.0M | $530.0M |
YoY Change | 87.19% | -0.46% | 9.5% |
Cost Of Revenue | $510.0M | $291.0M | $272.0M |
YoY Change | 75.26% | 23.1% | 53.85% |
Gross Profit | $542.0M | $271.0M | $258.0M |
YoY Change | 100.0% | -17.43% | 14.72% |
Gross Profit Margin | 51.52% | 48.22% | 48.68% |
Selling, General & Admin | $383.0M | $195.0M | $120.0M |
YoY Change | 96.41% | -17.69% | 18.61% |
% of Gross Profit | 70.66% | 71.96% | 46.51% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $33.00M | $5.200M | $5.600M |
YoY Change | 534.62% | -14.75% | 19.15% |
% of Gross Profit | 6.09% | 1.92% | 2.17% |
Operating Expenses | $416.0M | $200.0M | $120.0M |
YoY Change | 108.0% | -15.61% | 18.61% |
Operating Profit | $126.0M | $71.00M | $138.0M |
YoY Change | 77.46% | -22.15% | 11.53% |
Interest Expense | -$31.00M | -$5.000M | -$2.000M |
YoY Change | 520.0% | -51.92% | -11.58% |
% of Operating Profit | -24.6% | -7.04% | -1.45% |
Other Income/Expense, Net | $24.00M | -$2.000M | $6.977M |
YoY Change | -1300.0% | 1436.78% | |
Pretax Income | $107.0M | $62.00M | $63.13M |
YoY Change | 72.58% | -23.17% | 54.55% |
Income Tax | $43.00M | $8.000M | $23.00M |
% Of Pretax Income | 40.19% | 12.9% | 36.43% |
Net Earnings | $44.00M | $119.0M | $40.00M |
YoY Change | -63.03% | 138.96% | -2.44% |
Net Earnings / Revenue | 4.18% | 21.17% | 7.55% |
Basic Earnings Per Share | $0.92 | $4.46 | $1.49 |
Diluted Earnings Per Share | $0.91 | $4.35 | $1.45 |
COMMON SHARES | |||
Basic Shares Outstanding | 47.04M shares | 26.49M shares | 27.10M shares |
Diluted Shares Outstanding | 27.70M shares |
Balance Sheet
Concept | 2018 Q4 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $239.0M | $409.0M | $440.1M |
YoY Change | -41.56% | 178.04% | 151.77% |
Cash & Equivalents | $231.0M | $409.0M | $440.1M |
Short-Term Investments | $8.000M | ||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $863.0M | $398.0M | $735.1M |
Prepaid Expenses | |||
Receivables | $324.0M | $92.00M | $136.1M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.418B | $899.0M | $1.311B |
YoY Change | 57.73% | -11.97% | 28.07% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $951.0M | $583.0M | $253.7M |
YoY Change | 63.12% | 187.19% | 18.32% |
Goodwill | $2.828B | $0.00 | |
YoY Change | |||
Intangibles | $1.107B | $0.00 | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $383.0M | $82.00M | $61.70M |
YoY Change | 367.07% | 24.24% | -47.62% |
Total Long-Term Assets | $7.600B | $1.946B | $1.512B |
YoY Change | 290.54% | 49.84% | 10.97% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.418B | $899.0M | $1.311B |
Total Long-Term Assets | $7.600B | $1.946B | $1.512B |
Total Assets | $9.018B | $2.845B | $2.823B |
YoY Change | 216.98% | 22.63% | 18.31% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $301.0M | $145.0M | $76.80M |
YoY Change | 107.59% | 16.56% | -2.78% |
Accrued Expenses | $456.0M | $232.0M | $225.3M |
YoY Change | 96.55% | -4.53% | -0.4% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $928.0M | $446.0M | $405.5M |
YoY Change | 108.07% | -3.65% | 15.13% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.818B | $1.095B | $1.153B |
YoY Change | 248.68% | 48.53% | 36.67% |
Other Long-Term Liabilities | $488.0M | $173.0M | $145.8M |
YoY Change | 182.08% | 28.82% | -22.9% |
Total Long-Term Liabilities | $4.306B | $1.268B | $1.299B |
YoY Change | 239.59% | 45.5% | 25.76% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $928.0M | $446.0M | $405.5M |
Total Long-Term Liabilities | $4.306B | $1.268B | $1.299B |
Total Liabilities | $5.552B | $1.804B | $1.874B |
YoY Change | 207.76% | 26.6% | 23.45% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $523.0M | $529.0M | $436.2M |
YoY Change | -1.13% | 58.38% | 42.54% |
Common Stock | $3.722B | $1.189B | $1.185B |
YoY Change | 213.04% | 2.24% | 3.69% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $790.0M | $694.0M | $689.1M |
YoY Change | 13.83% | 14.33% | 16.27% |
Treasury Stock Shares | 11.63M shares | 10.40M shares | 10.36M shares |
Shareholders Equity | $3.461B | $1.041B | $949.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.018B | $2.845B | $2.823B |
YoY Change | 216.98% | 22.63% | 18.31% |
Cashflow Statement
Concept | 2018 Q4 | 2017 Q4 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $44.00M | $119.0M | $40.00M |
YoY Change | -63.03% | 138.96% | -2.44% |
Depreciation, Depletion And Amortization | $33.00M | $5.200M | $5.600M |
YoY Change | 534.62% | -14.75% | 19.15% |
Cash From Operating Activities | $30.00M | $71.20M | $56.70M |
YoY Change | -57.87% | 40.99% | -18.77% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$23.00M | -$4.800M | -$9.900M |
YoY Change | 379.17% | -61.29% | 35.62% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $39.00M | $100.0K | -$2.000M |
YoY Change | 38900.0% | -80.0% | 66.67% |
Cash From Investing Activities | $16.00M | -$4.700M | -$11.90M |
YoY Change | -440.43% | -60.5% | 40.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -238.0M | -77.10M | 312.0M |
YoY Change | 208.69% | -33.88% | 375.61% |
NET CHANGE | |||
Cash From Operating Activities | 30.00M | 71.20M | 56.70M |
Cash From Investing Activities | 16.00M | -4.700M | -11.90M |
Cash From Financing Activities | -238.0M | -77.10M | 312.0M |
Net Change In Cash | -192.0M | -10.60M | 356.8M |
YoY Change | 1711.32% | -86.41% | 181.17% |
FREE CASH FLOW | |||
Cash From Operating Activities | $30.00M | $71.20M | $56.70M |
Capital Expenditures | -$23.00M | -$4.800M | -$9.900M |
Free Cash Flow | $53.00M | $76.00M | $66.60M |
YoY Change | -30.26% | 20.83% | -13.62% |
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|
82000000 | USD |
CY2018Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
324000000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
92000000 | USD |
CY2018Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
2039000000 | USD |
CY2017Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
1115000000 | USD |
CY2018Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
863000000 | USD |
CY2017Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
398000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
951000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
583000000 | USD |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
2828000000 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
0 | USD |
CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1107000000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
0 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
292000000 | USD |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
166000000 | USD |
CY2018Q4 | us-gaap |
Assets
Assets
|
9018000000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
2845000000 | USD |
CY2018Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
245000000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
145000000 | USD |
CY2018Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
423000000 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
120000000 | USD |
CY2018Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
211000000 | USD |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
112000000 | USD |
CY2018Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
93000000 | USD |
CY2017Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
75000000 | USD |
CY2018Q4 | us-gaap |
Secured Debt
SecuredDebt
|
1694000000 | USD |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
835000000 | USD |
CY2018Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
2124000000 | USD |
CY2017Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
260000000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
12000000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
14000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
318000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
90000000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
5552000000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
1804000000 | USD |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000000 | USD |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
0 | USD |
CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
790000000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
694000000 | USD |
CY2018Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3721000000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1189000000 | USD |
CY2018Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
6000000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
17000000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
523000000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
529000000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3461000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1041000000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
5000000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
0 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3466000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1041000000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9018000000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2845000000 | USD |
CY2018 | us-gaap |
Profit Loss
ProfitLoss
|
52000000 | USD |
CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
235000000 | USD |
CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
122000000 | USD |
CY2018 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62000000 | USD |
CY2017 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21000000 | USD |
CY2016 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21000000 | USD |
CY2018 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
16000000 | USD |
CY2017 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
10000000 | USD |
CY2016 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6000000 | USD |
CY2018 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
68000000 | USD |
CY2017 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
52000000 | USD |
CY2016 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
45000000 | USD |
CY2018 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
29000000 | USD |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16000000 | USD |
CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14000000 | USD |
CY2018 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-1000000 | USD |
CY2017 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2000000 | USD |
CY2016 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
11000000 | USD |
CY2018 | vac |
Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
|
54000000 | USD |
CY2017 | vac |
Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
|
-61000000 | USD |
CY2016 | vac |
Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
|
30000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
38000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
9000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
0 | USD |
CY2018 | vac |
Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
|
-630000000 | USD |
CY2017 | vac |
Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
|
-466000000 | USD |
CY2016 | vac |
Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
|
-357000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-45000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1000000 | USD |
CY2018 | vac |
Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
|
0 | USD |
CY2018 | vac |
Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
|
-386000000 | USD |
CY2017 | vac |
Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
|
-270000000 | USD |
CY2016 | vac |
Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
|
-254000000 | USD |
CY2017 | vac |
Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
|
34000000 | USD |
CY2016 | vac |
Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
|
0 | USD |
CY2018 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-21000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
21000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-12000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
26000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
39000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-14000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
35000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
9000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
15000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-8000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
16000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-7000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
|
10000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
|
12000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
|
12000000 | USD |
CY2018 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | USD |
CY2017 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
0 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1000000 | USD |
CY2018 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
4000000 | USD |
CY2017 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
6000000 | USD |
CY2016 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1000000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
97000000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
142000000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
141000000 | USD |
CY2018 | vac |
Paymentsto Acquire Businesses Netof Cash And Restricted Cash Acquired
PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired
|
1393000000 | USD |
CY2017 | vac |
Paymentsto Acquire Businesses Netof Cash And Restricted Cash Acquired
PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired
|
0 | USD |
CY2016 | vac |
Paymentsto Acquire Businesses Netof Cash And Restricted Cash Acquired
PaymentstoAcquireBusinessesNetofCashAndRestrictedCashAcquired
|
0 | USD |
CY2018 | us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
40000000 | USD |
CY2017 | us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
0 | USD |
CY2018 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
40000000 | USD |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
26000000 | USD |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
35000000 | USD |
CY2018 | us-gaap |
Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
|
14000000 | USD |
CY2017 | us-gaap |
Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
|
12000000 | USD |
CY2016 | us-gaap |
Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
|
0 | USD |
CY2018 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
0 | USD |
CY2016 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
69000000 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1407000000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-38000000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
34000000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
539000000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
400000000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
377000000 | USD |
CY2018 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
382000000 | USD |
CY2017 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
293000000 | USD |
CY2016 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
323000000 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
1690000000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
318000000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
85000000 | USD |
CY2018 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
215000000 | USD |
CY2017 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
88000000 | USD |
CY2016 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
85000000 | USD |
CY2018 | us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
0 | USD |
CY2017 | us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
33000000 | USD |
CY2016 | us-gaap |
Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
|
0 | USD |
CY2018 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
20000000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
0 | USD |
CY2018 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
34000000 | USD |
CY2017 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
15000000 | USD |
CY2016 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4000000 | USD |
CY2018 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
96000000 | USD |
CY2017 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
88000000 | USD |
CY2016 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
178000000 | USD |
CY2018 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2017 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2016 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
40000000 | USD |
CY2018 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
51000000 | USD |
CY2017 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
38000000 | USD |
CY2016 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
34000000 | USD |
CY2018 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
18000000 | USD |
CY2017 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
11000000 | USD |
CY2016 | us-gaap |
Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
|
4000000 | USD |
CY2018 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD |
CY2017 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1000000 | USD |
CY2016 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD |
CY2018 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1433000000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
171000000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-206000000 | USD |
CY2018 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | USD |
CY2017 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3000000 | USD |
CY2016 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-5000000 | USD |
CY2018 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
123000000 | USD |
CY2017 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
278000000 | USD |
CY2016 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-36000000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
491000000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
213000000 | USD |
CY2016Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
249000000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
614000000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
491000000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
213000000 | USD |
CY2018Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
21000000 | USD |
CY2017Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
11000000 | USD |
CY2016Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
9000000 | USD |
CY2018 | us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
0 | USD |
CY2017 | us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
64000000 | USD |
CY2016 | us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
0 | USD |
CY2018 | us-gaap |
Notes Issued1
NotesIssued1
|
23000000 | USD |
CY2017 | us-gaap |
Notes Issued1
NotesIssued1
|
0 | USD |
CY2016 | us-gaap |
Notes Issued1
NotesIssued1
|
0 | USD |
CY2018 | us-gaap |
Stock Issued1
StockIssued1
|
2505000000 | USD |
CY2017 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
CY2016 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
CY2018 | vac |
Transfer From Inventory To Property And Equipment
TransferFromInventoryToPropertyAndEquipment
|
0 | USD |
CY2017 | vac |
Transfer From Inventory To Property And Equipment
TransferFromInventoryToPropertyAndEquipment
|
0 | USD |
CY2016 | vac |
Transfer From Inventory To Property And Equipment
TransferFromInventoryToPropertyAndEquipment
|
10000000 | USD |
CY2018 | vac |
Non Cash Transfer Of Debt
NonCashTransferOfDebt
|
0 | USD |
CY2017 | vac |
Non Cash Transfer Of Debt
NonCashTransferOfDebt
|
0 | USD |
CY2016 | vac |
Non Cash Transfer Of Debt
NonCashTransferOfDebt
|
3000000 | USD |
CY2018 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
9000000 | USD |
CY2017 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
0 | USD |
CY2016 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
7000000 | USD |
CY2018 | us-gaap |
Interest Paid Net
InterestPaidNet
|
55000000 | USD |
CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
22000000 | USD |
CY2016 | us-gaap |
Interest Paid Net
InterestPaidNet
|
23000000 | USD |
CY2018 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
41000000 | USD |
CY2017 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
49000000 | USD |
CY2016 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
48000000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
978000000 | USD |
CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
122000000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-6000000 | USD |
CY2016 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
12000000 | USD |
CY2016 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
178000000 | USD |
CY2016 | us-gaap |
Dividends
Dividends
|
34000000 | USD |
CY2016 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
895000000 | USD |
CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
235000000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
12000000 | USD |
CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
5000000 | USD |
CY2017 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
88000000 | USD |
CY2017 | us-gaap |
Dividends
Dividends
|
40000000 | USD |
CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
|
33000000 | USD |
CY2017 | vac |
Adjustments To Additional Paid In Capital Convertible Note Hedges
AdjustmentsToAdditionalPaidInCapitalConvertibleNoteHedges
|
-33000000 | USD |
CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
20000000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1041000000 | USD |
CY2018 | us-gaap |
Profit Loss
ProfitLoss
|
52000000 | USD |
CY2018 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
2438000000 | USD |
CY2018 | vac |
Divestitureof Interestin Consolidated Subsidiaries
DivestitureofInterestinConsolidatedSubsidiaries
|
51000000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-5000000 | USD |
CY2018 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-6000000 | USD |
CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
|
52000000 | USD |
CY2018 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
96000000 | USD |
CY2018 | us-gaap |
Dividends
Dividends
|
61000000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3466000000 | USD |
CY2018 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<span style="font-weight:bold;">BASIS OF PRESENTATION</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span><div style="line-height:120%;padding-top:8px;text-indent:49px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The consolidated financial statements present the results of operations, financial position and cash flows of Marriott Vacations Worldwide Corporation (referred to in this report as “we,” “us,” “Marriott Vacations Worldwide,” “MVW” or “the Company,” which includes our consolidated subsidiaries except where the context of the reference is to a single corporate entity). In order to make this report easier to read, we refer throughout to (i) our Consolidated Financial Statements as our “Financial Statements,” (ii) our Consolidated Statements of Income as our “Income Statements,” (iii) our Consolidated Balance Sheets as our “Balance Sheets,” and (iv) our Consolidated Statements of Cash Flows as our “Cash Flows.” In addition, references throughout to numbered “Footnotes” refer to the numbered Notes in these Notes to Consolidated Financial Statements, unless otherwise noted. We also refer to Marriott International, Inc. as “Marriott International” and Marriott International’s Marriott Bonvoy customer loyalty program, which replaced the Marriott Rewards, Starwood Preferred Guest</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt"> </sup></span><span style="font-family:inherit;font-size:10pt;">(“SPG”) and The Ritz-Carlton Rewards customer loyalty programs, as “Marriott Bonvoy.” We use certain other terms that are defined within these Financial Statements.</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Financial Statements presented herein and discussed below include </span><span style="font-family:inherit;font-size:10pt;"><span>100 percent</span></span><span style="font-family:inherit;font-size:10pt;"> of the assets, liabilities, revenues, expenses and cash flows of Marriott Vacations Worldwide, all entities in which Marriott Vacations Worldwide has a controlling voting interest (“subsidiaries”), and those variable interest entities for which Marriott Vacations Worldwide is the primary beneficiary in accordance with consolidation accounting guidance. References in these Financial Statements to net income attributable to common shareholders and MVW shareholders’ equity do not include noncontrolling interests, which represent the outside ownership of our consolidated non-wholly owned entities and are reported separately. Intercompany accounts and transactions between consolidated companies have been eliminated in consolidation. </span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">These Financial Statements reflect our financial position, results of operations and cash flows as prepared in conformity with United States Generally Accepted Accounting Principles (“GAAP”). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements and accompanying notes. Such estimates include, but are not limited to, revenue recognition, allocations of the purchase price paid in business combinations, cost of vacation ownership products, inventory valuation, goodwill and intangibles valuation, property and equipment valuation, accounting for acquired vacation ownership notes receivable, vacation ownership notes receivable reserves, income taxes and loss contingencies. Accordingly, actual amounts may differ from these estimated amounts.</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We adopted Accounting Standards Update (“ASU”) 2014-09 “</span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers (Topic 606),</span><span style="font-family:inherit;font-size:10pt;">” as amended (“ASU 2014-09”), effective January 1, 2018, the first day of our 2018 fiscal year, and refer to it as the new “Revenue Standard” throughout these Financial Statements. We have restated our previously reported historical results within these Financial Statements to conform with the adoption of the new Revenue Standard. See “</span><span style="font-family:inherit;font-size:10pt;font-style:italic;">New Accounting Standards</span><span style="font-family:inherit;font-size:10pt;">” in Footnote 2 “Summary of Significant Accounting Policies” for additional information on ASU 2014-09 and Footnote 21 “Adoption Impact of New Revenue Standard” for further discussion of the adoption and the impact on our previously reported historical results.</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Unless otherwise specified, each reference to a particular year in these Financial Statements means the fiscal year ended on the date shown in the following table, rather than the corresponding calendar year. Beginning with our 2017 fiscal year, we changed our financial reporting cycle to a calendar year-end and end-of-month quarterly reporting cycle. </span></div><div style="line-height:120%;text-align:center;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;margin-left:auto;margin-right:auto;width:75.5859375%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"/></tr><tr><td style="width:32%;"/><td style="width:1%;"/><td style="width:33%;"/><td style="width:1%;"/><td style="width:33%;"/></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fiscal Year</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Fiscal Year-End Date</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-weight:bold;">Number of Days</span></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">December 31, 2018</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">365</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">December 31, 2017</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">366</span></div></td></tr><tr><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2016</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">December 30, 2016</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:middle;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">364</span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:16px;text-indent:49px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Acquisition of ILG</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On September 1, 2018 (the “Acquisition Date”), we completed the previously announced acquisition of ILG, LLC, formerly known as ILG, Inc. (“ILG”) through a series of transactions (the “ILG Acquisition”), after which ILG became our indirect wholly-owned subsidiary. The Financial Statements in this report include ILG’s results of operations from the Acquisition Date through year-end 2018 and reflect the financial position of our combined company at December 31, 2018. We refer to our business associated with brands that existed prior to the ILG Acquisition as “Legacy-MVW” and to ILG’s business and brands that we acquired as “Legacy-ILG.” See Footnote 3 “Acquisitions and Dispositions” for more information on the ILG Acquisition.</span></div><div style="line-height:120%;padding-top:16px;text-indent:49px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</span></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have reclassified the following prior year amounts to conform to the current year presentation:</span></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reclassified Resort management and other services revenue to Management and exchange revenue; </span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reclassified Resort management and other services expense to Management and exchange expense;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Consolidated Consumer financing interest expense into Financing expense;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reclassified depreciation expense from Marketing and sales expense, Management and exchange expense, Rental expense, and General and administrative expense to Depreciation and amortization expense;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reclassified costs related to the ILG Acquisition from Other expense to ILG acquisition-related costs;</span></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"/><td/></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Reclassified </span><span style="font-family:inherit;font-size:10pt;"><span>$330 million</span></span><span style="font-family:inherit;font-size:10pt;"> of land and infrastructure from Inventory to Property and equipment at December 31, 2017; and</span></div></td></tr></table><div style="line-height:120%;font-size:10pt;padding-left:72px;"><span style="font-family:inherit;font-size:10pt;">•</span></div><span style="font-family:inherit;font-size:10pt;">Reclassified </span><span style="font-family:inherit;font-size:10pt;"><span>$835 million</span></span> of debt associated with vacation ownership notes receivable securitization, net of unamortized debt issuance costs from Debt, net to Securitized debt, net at December 31, 2017. | |
CY2017 | vac |
Percentage Of Assets Liabilities Revenues Expenses And Cash Flows Consolidated And Discussed
PercentageOfAssetsLiabilitiesRevenuesExpensesAndCashFlowsConsolidatedAndDiscussed
|
1 | |
CY2018 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
-4000000 | USD |
CY2018 | vac |
Capitalized Salaries And Related Costs
CapitalizedSalariesAndRelatedCosts
|
6000000 | USD |
CY2018 | vac |
Threshold Period Past Due For General Reserve Factor Of Trade Accounts Receivable
ThresholdPeriodPastDueForGeneralReserveFactorOfTradeAccountsReceivable
|
P120D | |
CY2018 | us-gaap |
Threshold Period Past Due For Writeoff Of Trade Accounts Receivable
ThresholdPeriodPastDueForWriteoffOfTradeAccountsReceivable
|
P180D | |
CY2018 | vac |
Real Estate Inventory True Ups
RealEstateInventoryTrueUps
|
6000000 | USD |
CY2017 | vac |
Real Estate Inventory True Ups
RealEstateInventoryTrueUps
|
1000000 | USD |
CY2016 | vac |
Real Estate Inventory True Ups
RealEstateInventoryTrueUps
|
15000000 | USD |
CY2018 | us-gaap |
Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
|
Valuation of Property and EquipmentWe test long-lived asset groups for recoverability when changes in circumstances indicate the carrying value may not be recoverable, for example, when there are material adverse changes in projected revenues or expenses, significant underperformance relative to historical or projected operating results, or significant negative industry or economic trends. We evaluate recoverability of an asset group by comparing its carrying value to the future net undiscounted cash flows that we expect will be generated by the asset group. If the comparison indicates that the carrying value of an asset group is not recoverable, we recognize an impairment loss for the excess of carrying value over the estimated fair value. When we recognize an impairment loss for assets to be held and used, we depreciate the adjusted carrying amount of those assets over their remaining useful life. | |
CY2018 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
11000000 | USD |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
10000000 | USD |
CY2016 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
8000000 | USD |
CY2018 | vac |
Business Combinations Pro Forma Acquisitionrelated Costs
BusinessCombinationsProFormaAcquisitionrelatedCosts
|
28000000 | USD |
CY2017 | vac |
Business Combinations Pro Forma Acquisitionrelated Costs
BusinessCombinationsProFormaAcquisitionrelatedCosts
|
197000000 | USD |
CY2018Q4 | vac |
Number Of Vacation Ownership Units Acquired
NumberOfVacationOwnershipUnitsAcquired
|
92 | vacation_ownership_unit |
CY2018 | vac |
Revenues Cost Reimbursement
RevenuesCostReimbursement
|
925000000 | USD |
CY2018 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2785000000 | USD |
CY2018 | vac |
Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
|
183000000 | USD |
CY2018 | us-gaap |
Revenues
Revenues
|
2968000000 | USD |
CY2017 | vac |
Revenues Cost Reimbursement
RevenuesCostReimbursement
|
750000000 | USD |
CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2048000000 | USD |
CY2017 | vac |
Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
|
135000000 | USD |
CY2018 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
4 | Property |
CY2018Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
2828000000 | USD |
CY2017 | us-gaap |
Revenues
Revenues
|
2183000000 | USD |
CY2016 | vac |
Revenues Cost Reimbursement
RevenuesCostReimbursement
|
720000000 | USD |
CY2016 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1873000000 | USD |
CY2016 | vac |
Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
|
127000000 | USD |
CY2016 | us-gaap |
Revenues
Revenues
|
2000000000 | USD |
CY2018 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2785000000 | USD |
CY2017 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2048000000 | USD |
CY2016 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1873000000 | USD |
CY2018Q4 | us-gaap |
Contract With Customer Asset Gross
ContractWithCustomerAssetGross
|
0 | USD |
CY2018Q4 | vac |
Contracts With Customers Accounts Receivable
ContractsWithCustomersAccountsReceivable
|
68000000 | USD |
CY2017Q4 | vac |
Contracts With Customers Accounts Receivable
ContractsWithCustomersAccountsReceivable
|
73000000 | USD |
CY2018Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
2039000000 | USD |
CY2017Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
1115000000 | USD |
CY2018Q4 | vac |
Contractwith Customer Receivable
ContractwithCustomerReceivable
|
2107000000 | USD |
CY2017Q4 | vac |
Contractwith Customer Receivable
ContractwithCustomerReceivable
|
1188000000 | USD |
CY2018Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
432000000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
153000000 | USD |
CY2018 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
117000000 | USD |
CY2018Q4 | vac |
Revenue Remaining Performance Obligation Expected Timing Percentage
RevenueRemainingPerformanceObligationExpectedTimingPercentage
|
0.90 | |
CY2017 | vac |
Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
|
-65000000 | USD |
CY2017 | vac |
Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Provisional Income Tax Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityProvisionalIncomeTaxBenefit
|
-65000000 | USD |
CY2018 | vac |
Tax Cuts And Jobs Act Of2017 Incomplete Accounting Change In Tax Rate Deferred Tax Liability Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingChangeInTaxRateDeferredTaxLiabilityProvisionalIncomeTaxExpense
|
1000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
|
3000000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
108000000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
232000000 | USD |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
195000000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-5000000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
8000000 | USD |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
3000000 | USD |
CY2018 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
103000000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
240000000 | USD |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
198000000 | USD |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
2000000 | USD |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
6000000 | USD |
CY2018 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-17000000 | USD |
CY2017 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
49000000 | USD |
CY2016 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
35000000 | USD |
CY2018 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
1000000 | USD |
CY2017 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
7000000 | USD |
CY2016 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
5000000 | USD |
CY2018 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
10000000 | USD |
CY2017 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
7000000 | USD |
CY2016 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
5000000 | USD |
CY2018 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-6000000 | USD |
CY2017 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
63000000 | USD |
CY2016 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
45000000 | USD |
CY2018 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
46000000 | USD |
CY2017 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-44000000 | USD |
CY2016 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
30000000 | USD |
CY2018 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
9000000 | USD |
CY2017 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1000000 | USD |
CY2016 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
2000000 | USD |
CY2018 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
2000000 | USD |
CY2017 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-15000000 | USD |
CY2016 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-1000000 | USD |
CY2018 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
57000000 | USD |
CY2017 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-58000000 | USD |
CY2016 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
31000000 | USD |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
51000000 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5000000 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
76000000 | USD |
CY2018 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
9000000 | USD |
CY2017 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-4000000 | USD |
CY2016 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
2000000 | USD |
CY2018 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
9000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
145000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
38000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
|
84000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
|
26000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
22000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
1000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
54000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
12000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
|
24000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
59000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
39000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
24000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
40000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
21000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
17000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
409000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
197000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
106000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
44000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
303000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
153000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
234000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
0 | USD |
CY2018Q4 | vac |
Deferred Tax Deferred Vacation Ownership Interests Sales
DeferredTaxDeferredVacationOwnershipInterestsSales
|
377000000 | USD |
CY2017Q4 | vac |
Deferred Tax Deferred Vacation Ownership Interests Sales
DeferredTaxDeferredVacationOwnershipInterestsSales
|
230000000 | USD |
CY2018Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
611000000 | USD |
CY2017Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
230000000 | USD |
CY2018Q4 | vac |
Deferred Tax Liabilities Net Excluding Certain Deferred Tax Assets
DeferredTaxLiabilitiesNetExcludingCertainDeferredTaxAssets
|
308000000 | USD |
CY2017Q4 | vac |
Deferred Tax Liabilities Net Excluding Certain Deferred Tax Assets
DeferredTaxLiabilitiesNetExcludingCertainDeferredTaxAssets
|
77000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
|
1000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
14000000 | USD |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2100 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3500 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.3500 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0423 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0250 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0247 | |
CY2018 | vac |
Effective Income Tax Rate Reconciliation Permanent Difference
EffectiveIncomeTaxRateReconciliationPermanentDifference
|
0.0278 | |
CY2017 | vac |
Effective Income Tax Rate Reconciliation Permanent Difference
EffectiveIncomeTaxRateReconciliationPermanentDifference
|
-0.0058 | |
CY2016 | vac |
Effective Income Tax Rate Reconciliation Permanent Difference
EffectiveIncomeTaxRateReconciliationPermanentDifference
|
0.0116 | |
CY2018 | vac |
Effective Income Tax Rate Transaction Costs
EffectiveIncomeTaxRateTransactionCosts
|
0.0468 | |
CY2017 | vac |
Effective Income Tax Rate Transaction Costs
EffectiveIncomeTaxRateTransactionCosts
|
0 | |
CY2016 | vac |
Effective Income Tax Rate Transaction Costs
EffectiveIncomeTaxRateTransactionCosts
|
0 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.0123 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
-0.2712 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0 | |
CY2018 | vac |
Effective Income Tax Rate Reconciliation Share Based Compensation Expense Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExpenseTaxBenefitPercent
|
0.0360 | |
CY2017 | vac |
Effective Income Tax Rate Reconciliation Share Based Compensation Expense Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExpenseTaxBenefitPercent
|
-0.0254 | |
CY2016 | vac |
Effective Income Tax Rate Reconciliation Share Based Compensation Expense Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExpenseTaxBenefitPercent
|
0 | |
CY2018 | vac |
Effective Income Tax Rate Reconciliation Foreign Rate Change Percent
EffectiveIncomeTaxRateReconciliationForeignRateChangePercent
|
-0.0011 | |
CY2017 | vac |
Effective Income Tax Rate Reconciliation Foreign Rate Change Percent
EffectiveIncomeTaxRateReconciliationForeignRateChangePercent
|
-0.0201 | |
CY2016 | vac |
Effective Income Tax Rate Reconciliation Foreign Rate Change Percent
EffectiveIncomeTaxRateReconciliationForeignRateChangePercent
|
0.0005 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.0390 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
-0.0261 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0.0008 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0011 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0079 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.0106 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.0860 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.0003 | |
CY2016 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.0078 | |
CY2018 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.4980 | |
CY2017 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.0188 | |
CY2016 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.3848 | |
CY2018Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
2039000000 | USD |
CY2017Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
1115000000 | USD |
CY2018 | vac |
Interest On Notes Receivable
InterestOnNotesReceivable
|
175000000 | USD |
CY2017 | vac |
Interest On Notes Receivable
InterestOnNotesReceivable
|
128000000 | USD |
CY2016 | vac |
Interest On Notes Receivable
InterestOnNotesReceivable
|
120000000 | USD |
CY2016Q1 | us-gaap |
Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
|
108000000 | USD |
CY2016 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
44000000 | USD |
CY2016 | vac |
Securitized Financing Receivable
SecuritizedFinancingReceivable
|
0 | USD |
CY2016 | vac |
Time Sharing Transactions Clean Up Of Warehouse Credit Facility
TimeSharingTransactionsCleanUpOfWarehouseCreditFacility
|
0 | USD |
CY2016 | us-gaap |
Time Sharing Transactions Direct Write Offs Charged Against Allowance
TimeSharingTransactionsDirectWriteOffsChargedAgainstAllowance
|
40000000 | USD |
CY2016 | vac |
Financing Receivable Allowance For Credit Losses Repurchase Activity
FinancingReceivableAllowanceForCreditLossesRepurchaseActivity
|
0 | USD |
CY2016Q4 | us-gaap |
Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
|
112000000 | USD |
CY2017 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
52000000 | USD |
CY2017 | vac |
Securitized Financing Receivable
SecuritizedFinancingReceivable
|
0 | USD |
CY2017 | vac |
Time Sharing Transactions Clean Up Of Warehouse Credit Facility
TimeSharingTransactionsCleanUpOfWarehouseCreditFacility
|
0 | USD |
CY2017 | us-gaap |
Time Sharing Transactions Direct Write Offs Charged Against Allowance
TimeSharingTransactionsDirectWriteOffsChargedAgainstAllowance
|
45000000 | USD |
CY2017 | vac |
Financing Receivable Allowance For Credit Losses Repurchase Activity
FinancingReceivableAllowanceForCreditLossesRepurchaseActivity
|
0 | USD |
CY2017Q4 | us-gaap |
Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
|
119000000 | USD |
CY2018 | us-gaap |
Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
|
64000000 | USD |
CY2018 | vac |
Securitized Financing Receivable
SecuritizedFinancingReceivable
|
0 | USD |
CY2018 | vac |
Time Sharing Transactions Clean Up Of Warehouse Credit Facility
TimeSharingTransactionsCleanUpOfWarehouseCreditFacility
|
0 | USD |
CY2018 | us-gaap |
Time Sharing Transactions Direct Write Offs Charged Against Allowance
TimeSharingTransactionsDirectWriteOffsChargedAgainstAllowance
|
43000000 | USD |
CY2018 | vac |
Financing Receivable Allowance For Credit Losses Repurchase Activity
FinancingReceivableAllowanceForCreditLossesRepurchaseActivity
|
0 | USD |
CY2018Q4 | us-gaap |
Time Sharing Transactions Allowance For Uncollectible Accounts
TimeSharingTransactionsAllowanceForUncollectibleAccounts
|
140000000 | USD |
CY2018Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
8000000 | USD |
CY2018Q4 | vac |
Note Receivable From Noncontrolling Interest Fair Value
NoteReceivableFromNoncontrollingInterestFairValue
|
32000000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
55000000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122000000 | USD |
CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33300000 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27100000 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27900000 | shares |
CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.64 | |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.70 | |
CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.37 | |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
55000000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122000000 | USD |
CY2018 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
33300000 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27100000 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
27900000 | shares |
CY2018 | vac |
Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
|
400000 | shares |
CY2017 | vac |
Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
|
400000 | shares |
CY2016 | vac |
Incremental Common Shares Attributable To Stock Option And Stock Appreciation Right Plans
IncrementalCommonSharesAttributableToStockOptionAndStockAppreciationRightPlans
|
300000 | shares |
CY2018 | vac |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
300000 | shares |
CY2017 | vac |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
200000 | shares |
CY2016 | vac |
Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
|
200000 | shares |
CY2018 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
34000000.0 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
27700000 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28400000 | shares |
CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.49 | |
CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.29 | |
CY2018Q4 | us-gaap |
Inventory Real Estate Timeshare Available For Sale
InventoryRealEstateTimeshareAvailableForSale
|
843000000 | USD |
CY2017Q4 | us-gaap |
Inventory Real Estate Timeshare Available For Sale
InventoryRealEstateTimeshareAvailableForSale
|
391000000 | USD |
CY2018Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
9000000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2000000 | USD |
CY2018Q4 | vac |
Inventory Timeshare Gross
InventoryTimeshareGross
|
852000000 | USD |
CY2017Q4 | vac |
Inventory Timeshare Gross
InventoryTimeshareGross
|
393000000 | USD |
CY2018Q4 | vac |
Operating Supplies And Inventories
OperatingSuppliesAndInventories
|
11000000 | USD |
CY2017Q4 | vac |
Operating Supplies And Inventories
OperatingSuppliesAndInventories
|
5000000 | USD |
CY2018Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
863000000 | USD |
CY2017Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
398000000 | USD |
CY2018Q4 | vac |
Amount Of Completed Vacation Ownership Units Classified As Property And Equipment
AmountOfCompletedVacationOwnershipUnitsClassifiedAsPropertyAndEquipment
|
51000000 | USD |
CY2018Q4 | us-gaap |
Land
Land
|
466000000 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
390000000 | USD |
CY2018Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
404000000 | USD |
CY2017Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
259000000 | USD |
CY2018Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
88000000 | USD |
CY2017Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
54000000 | USD |
CY2018Q4 | vac |
Information Technology Assets Gross
InformationTechnologyAssetsGross
|
297000000 | USD |
CY2017Q4 | vac |
Information Technology Assets Gross
InformationTechnologyAssetsGross
|
185000000 | USD |
CY2018Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
32000000 | USD |
CY2017Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
23000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1287000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
911000000 | USD |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
336000000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
328000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
951000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
583000000 | USD |
CY2018Q4 | vac |
Commitments To Subsidize Associations
CommitmentsToSubsidizeAssociations
|
6000000 | USD |
CY2018Q4 | vac |
Surety Bonds
SuretyBonds
|
74000000 | USD |
CY2018Q4 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
40000000 | USD |
CY2018Q2 | vac |
Fraudulently Induced Electronic Payment Disbursements Made To Third Parties
FraudulentlyInducedElectronicPaymentDisbursementsMadeToThirdParties
|
10000000 | USD |
CY2018 | vac |
Recovered Fraudulently Induced Electronic Payment Disbursementsmadeto Third Parties
RecoveredFraudulentlyInducedElectronicPaymentDisbursementsmadetoThirdParties
|
6000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
38000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
33000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
23000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
17000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
16000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
95000000 | USD |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
222000000 | USD |
CY2018 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
16000000 | USD |
CY2017 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
9000000 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
8000000 | USD |
CY2018 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
5000000 | USD |
CY2017 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
4000000 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
4000000 | USD |
CY2018 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
21000000 | USD |
CY2017 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
13000000 | USD |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
12000000 | USD |
CY2018 | vac |
Number Of Notes Receivable Pools Under Performance Triggers
NumberOfNotesReceivablePoolsUnderPerformanceTriggers
|
0 | Loan |
CY2018Q4 | vac |
Number Of Consolidated Notes Receivable Pools Outstanding
NumberOfConsolidatedNotesReceivablePoolsOutstanding
|
11 | Loan |
CY2018Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
17000000 | USD |
CY2017Q4 | us-gaap |
Capital Lease Obligations
CapitalLeaseObligations
|
7000000 | USD |
CY2018Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
2124000000 | USD |
CY2017Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
260000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
41000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
28000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
11000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
241000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
240000000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1617000000 | USD |
CY2018Q4 | vac |
Debt And Capital Lease Obligations Gross
DebtAndCapitalLeaseObligationsGross
|
2178000000 | USD |
CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2018Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
57626462 | shares |
CY2018Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
45992731 | shares |
CY2018Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
11633731 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
36861843 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
26461296 | shares |
CY2017Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
10400547 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q4 | vac |
Stock Repurchase Program Number Of Additional Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfAdditionalSharesAuthorizedToBeRepurchased
|
3000000.0 | shares |
CY2018Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
14900000 | shares |
CY2018Q4 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
3200000 | shares |
CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
CY2018Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0111 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0144 | |
CY2018 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
35000000 | USD |
CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
16000000 | USD |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
14000000 | USD |
CY2018Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
39000000 | USD |
CY2017Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
15000000 | USD |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3078 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3041 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.3160 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0196 | |
CY2018 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0268 | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0206 | |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0141 | |
CY2018 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2016 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y3M | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5000 | shares |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
18.49 | |
CY2018Q4 | vac |
Number Of Vacation Ownership Units Acquired
NumberOfVacationOwnershipUnitsAcquired
|
92 | vacation_ownership_unit |
CY2018 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | Segment |
CY2018 | us-gaap |
Revenues
Revenues
|
2968000000 | USD |
CY2017 | us-gaap |
Revenues
Revenues
|
2183000000 | USD |
CY2016 | us-gaap |
Revenues
Revenues
|
2000000000 | USD |
CY2018 | vac |
Corporateand Other Income Expense
CorporateandOtherIncomeExpense
|
169000000 | USD |
CY2017 | vac |
Corporateand Other Income Expense
CorporateandOtherIncomeExpense
|
89000000 | USD |
CY2016 | vac |
Corporateand Other Income Expense
CorporateandOtherIncomeExpense
|
89000000 | USD |
CY2018 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-54000000 | USD |
CY2017 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-10000000 | USD |
CY2016 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-9000000 | USD |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
51000000 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5000000 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
76000000 | USD |
CY2018 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
62000000 | USD |
CY2017 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2016 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2018 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
35000000 | USD |
CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
16000000 | USD |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
14000000 | USD |
CY2018 | vac |
Certain Items Adjusted Ebitda Reconciliation
CertainItemsAdjustedEBITDAReconciliation
|
162000000 | USD |
CY2017 | vac |
Certain Items Adjusted Ebitda Reconciliation
CertainItemsAdjustedEBITDAReconciliation
|
7000000 | USD |
CY2016 | vac |
Certain Items Adjusted Ebitda Reconciliation
CertainItemsAdjustedEBITDAReconciliation
|
-5000000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
55000000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122000000 | USD |
CY2018 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
62000000 | USD |
CY2017 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2016 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2018Q4 | us-gaap |
Assets
Assets
|
9018000000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
2845000000 | USD |
CY2018 | vac |
Payments To Acquire Property Plant And Equipment And Inventory
PaymentsToAcquirePropertyPlantAndEquipmentAndInventory
|
252000000 | USD |
CY2017 | vac |
Payments To Acquire Property Plant And Equipment And Inventory
PaymentsToAcquirePropertyPlantAndEquipmentAndInventory
|
181000000 | USD |
CY2016 | vac |
Payments To Acquire Property Plant And Equipment And Inventory
PaymentsToAcquirePropertyPlantAndEquipmentAndInventory
|
173000000 | USD |
CY2018 | vac |
Revenues Excluding Reimbursed Costs
RevenuesExcludingReimbursedCosts
|
2043000000 | USD |
CY2017 | vac |
Revenues Excluding Reimbursed Costs
RevenuesExcludingReimbursedCosts
|
1433000000 | USD |
CY2016 | vac |
Revenues Excluding Reimbursed Costs
RevenuesExcludingReimbursedCosts
|
1280000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
951000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
583000000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
571000000 | USD |
CY2018Q2 | us-gaap |
Revenues
Revenues
|
595000000 | USD |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
750000000 | USD |
CY2018Q4 | us-gaap |
Revenues
Revenues
|
1052000000 | USD |
CY2018 | us-gaap |
Revenues
Revenues
|
2968000000 | USD |
CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
518000000 | USD |
CY2018Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
546000000 | USD |
CY2018Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
698000000 | USD |
CY2018Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
939000000 | USD |
CY2018 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
2701000000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
36000000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11000000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-36000000 | USD |
CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
44000000 | USD |
CY2018 | us-gaap |
Net Income Loss
NetIncomeLoss
|
55000000 | USD |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.35 | |
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.40 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | |
CY2018 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.64 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.39 | |
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.08 | |
CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.91 | |
CY2018 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
528000000 | USD |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
563000000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
530000000 | USD |
CY2017Q4 | us-gaap |
Revenues
Revenues
|
562000000 | USD |
CY2017 | us-gaap |
Revenues
Revenues
|
2183000000 | USD |
CY2017Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
483000000 | USD |
CY2017Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
489000000 | USD |
CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
472000000 | USD |
CY2017Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
493000000 | USD |
CY2017 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1937000000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
28000000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
48000000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
40000000 | USD |
CY2017Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
119000000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.02 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.76 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.49 | |
CY2017Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.46 | |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.70 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.00 | |
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.72 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.45 | |
CY2017Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.35 | |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.49 | |
CY2017 | vac |
Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
|
135000000 | USD |
CY2017 | vac |
Revenues Cost Reimbursement
RevenuesCostReimbursement
|
750000000 | USD |
CY2017 | us-gaap |
Revenues
Revenues
|
2183000000 | USD |
CY2017 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
388000000 | USD |
CY2017 | vac |
Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
|
43000000 | USD |
CY2017 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
106000000 | USD |
CY2017 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2017 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-4000000 | USD |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
166000000 | USD |
CY2017Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
1115000000 | USD |
CY2017 | vac |
Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
|
0 | USD |
CY2017 | us-gaap |
Royalty Expense
RoyaltyExpense
|
63000000 | USD |
CY2017 | vac |
Cost Reimbursements Expense
CostReimbursementsExpense
|
750000000 | USD |
CY2017 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1937000000 | USD |
CY2017 | vac |
Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
|
6000000 | USD |
CY2017 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-10000000 | USD |
CY2017 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1000000 | USD |
CY2017 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
1000000 | USD |
CY2017 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
240000000 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5000000 | USD |
CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
235000000 | USD |
CY2017 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.70 | |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.49 | |
CY2016 | vac |
Financing Revenue Not From Contract With Customer
FinancingRevenueNotFromContractWithCustomer
|
127000000 | USD |
CY2016 | vac |
Revenues Cost Reimbursement
RevenuesCostReimbursement
|
720000000 | USD |
CY2016 | us-gaap |
Revenues
Revenues
|
2000000000 | USD |
CY2016 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
334000000 | USD |
CY2016 | vac |
Financing Expense Not From Contract With Customer
FinancingExpenseNotFromContractWithCustomer
|
43000000 | USD |
CY2016 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
100000000 | USD |
CY2016 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21000000 | USD |
CY2016 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
1000000 | USD |
CY2016 | vac |
Consumer Financing Interest Expense
ConsumerFinancingInterestExpense
|
0 | USD |
CY2016 | us-gaap |
Royalty Expense
RoyaltyExpense
|
61000000 | USD |
CY2016 | vac |
Cost Reimbursements Expense
CostReimbursementsExpense
|
720000000 | USD |
CY2016 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1800000000 | USD |
CY2016 | vac |
Gains Losses And Other Income Expense Net
GainsLossesAndOtherIncomeExpenseNet
|
11000000 | USD |
CY2016 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-9000000 | USD |
CY2016 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
4000000 | USD |
CY2016 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
198000000 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
76000000 | USD |
CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
122000000 | USD |
CY2016 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122000000 | USD |
CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.37 | |
CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.29 | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
409000000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
82000000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
92000000 | USD |
CY2017Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
398000000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
583000000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
2845000000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
145000000 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
120000000 | USD |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
112000000 | USD |
CY2017Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
75000000 | USD |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
835000000 | USD |
CY2017Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
260000000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
14000000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
90000000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
1804000000 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
694000000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1189000000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
17000000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
529000000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1041000000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2845000000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
235000000 | USD |
CY2017 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21000000 | USD |
CY2017 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
10000000 | USD |
CY2017 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
52000000 | USD |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16000000 | USD |
CY2017 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2000000 | USD |
CY2017 | vac |
Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
|
-61000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
9000000 | USD |
CY2017 | vac |
Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
|
-466000000 | USD |
CY2017 | vac |
Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
|
-270000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-45000000 | USD |
CY2017 | vac |
Purchase Of Vacation Ownership Units For Future Transfer To Inventory
PurchaseOfVacationOwnershipUnitsForFutureTransferToInventory
|
34000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
21000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
39000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
9000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
16000000 | USD |
CY2017 | us-gaap |
Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
|
12000000 | USD |
CY2017 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
6000000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
142000000 | USD |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
122000000 | USD |
CY2016 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
21000000 | USD |
CY2016 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6000000 | USD |
CY2016 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
45000000 | USD |
CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14000000 | USD |
CY2016 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
11000000 | USD |
CY2016 | vac |
Noncash Income Tax Expense Benefit
NoncashIncomeTaxExpenseBenefit
|
30000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
0 | USD |
CY2016 | vac |
Increase Decrease In Notes Receivable Originations
IncreaseDecreaseInNotesReceivableOriginations
|
-357000000 | USD |
CY2016 | vac |
Increase Decrease In Notes Receivable Collections
IncreaseDecreaseInNotesReceivableCollections
|
-254000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-12000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-14000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
15000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-7000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
|
12000000 | USD |
CY2016 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1000000 | USD |
CY2016 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1000000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
141000000 | USD |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
231000000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
383000000 | USD |
CY2018Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
324000000 | USD |
CY2018Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
2039000000 | USD |
CY2018Q4 | vac |
Inventory Timeshare
InventoryTimeshare
|
863000000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
951000000 | USD |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
2828000000 | USD |
CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1107000000 | USD |
CY2018Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
292000000 | USD |
CY2018Q4 | us-gaap |
Assets
Assets
|
9018000000 | USD |
CY2018Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
245000000 | USD |
CY2018Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
423000000 | USD |
CY2018Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
211000000 | USD |
CY2018Q4 | us-gaap |
Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
|
93000000 | USD |
CY2018Q4 | vac |
Debt And Capital Lease Obligations Net
DebtAndCapitalLeaseObligationsNet
|
2124000000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
12000000 | USD |
CY2018Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
318000000 | USD |
CY2018Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-72000000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
5000000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9018000000 | USD |
us-gaap |
Revenues
Revenues
|
1513000000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
-1391000000 | USD | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-54000000 | USD | |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
-58000000 | USD | |
vac |
Equityin Earnings Losses From Unconsolidated Subsidiary
EquityinEarningsLossesFromUnconsolidatedSubsidiary
|
-1000000 | USD | |
vac |
Equity In Net Incomeof Subsidiaries
EquityInNetIncomeofSubsidiaries
|
0 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11000000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
20000000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-3000000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
23000000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
78000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1468000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-353000000 | USD | |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2357000000 | USD |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
614000000 | USD |