Travel + Leisure (TNL) 10-Q 1 May 19 2019 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	3 Months Ended
	Mar. 31, 2019shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Registrant Name	WYNDHAM DESTINATIONS, INC.
Entity Central Index Key	0001361658
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	93,618,323

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Income - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Net revenues
Net revenues		$ 918	$ 907
Expenses
Operating		397	403
Cost of revenue		30	31
Financing Interest Expense		26	19
Marketing		147	131
General and administrative		129	153
Separation and related costs	[1]	15	30
Restructuring		3	0
Depreciation and amortization		31	37
Total expenses		778	804
Operating income		140	103
Other (income), net		(11)	(6)
Interest expense		41	45
Interest (income)		(2)	(1)
Income before income taxes		112	65
Provision for income taxes		31	24
Income from continuing operations		81	41
Loss from operations of discontinued businesses, net of income taxes		0	(7)
Loss on disposal of discontinued businesses, net of income taxes		(1)	0
Net income attributable to Wyndham Destinations shareholders		$ 80	$ 34
Basic earnings per share
Continuing operations (in dollars per share)		$ 0.86	$ 0.41
Discontinued operations (in dollars per share)		(0.01)	(0.07)
Basic (in dollars per share)		0.85	0.34
Diluted earnings per share
Continuing operations (in dollars per share)		0.85	0.41
Discontinued operations (in dollars per share)		0	(0.07)
Diluted (in dollars per share)		0.85	0.34
Cash dividends declared per share (in dollars per share)		$ 0.45	$ 0.66	[2]
Service and membership fees
Net revenues
Net revenues		$ 405	$ 419
Vacation ownership interest sales
Net revenues
Net revenues		375	358
Consumer financing
Net revenues
Net revenues		125	118
Other
Net revenues
Net revenues		$ 13	$ 12
[1]	Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018.
[2]	Represents dividends declared by Wyndham Worldwide Corporation prior to the spin-off of Wyndham Hotels & Resorts, Inc.

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Statement of Comprehensive Income [Abstract]
Net income attributable to Wyndham Destinations shareholders	$ 80	$ 34
Other comprehensive income, net of tax
Foreign currency translation adjustments	2	14
Unrealized loss on cash flow hedges	0	(1)
Defined benefit pension plans	0	1
Other comprehensive income, net of tax	2	14
Comprehensive income	$ 82	$ 48

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	$ 217	$ 218
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)	186	155
Trade receivables, net	137	121
Vacation ownership contract receivables, net (VIE - $2,913 as of 2019 and $2,883 as of 2018)	3,020	3,037
Inventory	1,213	1,224
Prepaid expenses	175	153
Property and equipment, net	720	712
Goodwill	923	922
Other intangibles, net	108	109
Other assets	401	304
Assets of held-for-sale business	270	203
Total assets	7,370	7,158
Liabilities and (deficit)
Accounts payable	79	66
Accrued expenses and other liabilities	1,043	1,004
Deferred income	551	518
Non-recourse vacation ownership debt (VIE)	2,454	2,357
Debt	2,837	2,881
Deferred income taxes	749	736
Liabilities of held-for-sale business	241	165
Total liabilities	7,954	7,727
Commitments and contingencies (Note 16)
Stockholders' (deficit):
Preferred stock, $.01 par value, authorized 6,000,000 shares, none issued and outstanding	0	0
Common stock, $.01 par value, 600,000,000 shares authorized, 220,129,532 issued as of 2019 and 220,120,808 as of 2018	2	2
Treasury stock, at cost – 126,572,562 shares as of 2019 and 125,137,857 shares as of 2018	(6,103)	(6,043)
Additional paid-in capital	4,082	4,077
Retained earnings	1,480	1,442
Accumulated other comprehensive loss	(50)	(52)
Total stockholders’ (deficit)	(589)	(574)
Noncontrolling interest	5	5
Total (deficit)	(584)	(569)
Total liabilities and (deficit)	$ 7,370	$ 7,158

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	6,000,000	6,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	600,000,000	600,000,000
Common stock, shares issued (in shares)	220,129,532	220,120,808
Treasury stock, shares (in shares)	126,572,562	125,137,857
Vacation ownership contract receivables, net (VIE - $2,913 as of 2019 and $2,883 as of 2018)	$ 3,020,000,000	$ 3,037,000,000
Non-recourse vacation ownership debt (VIE)	2,454,000,000	2,357,000,000
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)	$ 186,000,000	$ 155,000,000
ERROR in label resolution.	0	0
Variable Interest Entity, Primary Beneficiary [Member]
Vacation ownership contract receivables, net (VIE - $2,913 as of 2019 and $2,883 as of 2018)	$ 2,913	$ 2,883
Non-recourse vacation ownership debt (VIE)	2,454	2,357
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)	$ 153	$ 120

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities
Net income attributable to Wyndham Destinations shareholders	$ 80	$ 34
Loss from operations of discontinued businesses, net of income taxes	0	7
Loss on disposal of discontinued businesses, net of income taxes	1	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	31	37
Provision for loan losses	109	92
Deferred income taxes	14	20
Stock-based compensation	5	18
Non-cash lease expense	8	0
Non-cash interest	5	5
Net change in assets and liabilities, excluding the impact of acquisitions and dispositions:
Trade receivables	(45)	(54)
Vacation ownership contract receivables	(91)	(71)
Inventory	(18)	(39)
Deferred income	45	43
Accounts payable, accrued expenses, prepaid expenses, other assets and other liabilities	12	(106)
Other, net	4	9
Net cash provided by/(used in) operating activities - continuing operations	152	(23)
Net cash provided by operating activities - discontinued operations	0	156
Net cash provided by operating activities	152	133
Investing activities
Property and equipment additions	(20)	(14)
Net assets acquired, net of cash acquired, and acquisition-related payments	0	(5)
Proceeds from asset sales	6	0
Other, net	(1)	(3)
Cash used in investing activities - continuing operations	(15)	(22)
Cash used in investing activities - discontinued operations	(27)	(8)
Net cash used in investing activities	(42)	(30)
Financing activities
Proceeds from non-recourse vacation ownership debt	672	261
Principal payments on non-recourse vacation ownership debt	(572)	(384)
Proceeds from debt	608	1,436
Principal payments on debt	(660)	(576)
Repayments of commercial paper, net	0	(11)
Repayment of notes	(1)	(464)
Repayments of vacation ownership inventory arrangement	(7)	(7)
Dividends to shareholders	(42)	(70)
Repurchase of common stock	(61)	(76)
Debt issuance costs	(5)	0
Net share settlement of incentive equity awards	0	(32)
Other, net	0	(2)
Cash (used in)/provided by financing activities - continuing operations	(68)	75
Cash used in financing activities - discontinued operations	0	(6)
Net cash (used in)/provided by financing activities	(68)	69
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	1	1
Net change in cash, cash equivalents and restricted cash	43	173
Cash, cash equivalents and restricted cash, beginning of period	404	416
Cash, cash equivalents and restricted cash, end of period	447	589
Less: Restricted cash	186	195
Less: Cash and restricted cash included in assets of discontinued operations and held-for-sale business	44	168
Cash and cash equivalents	$ 217	$ 226

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of (Deficit)/Equity - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Treasury Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Non-controlling Interest
Beginning balance adjustment due to change in accounting principle	$ (17)				$ (17)
Balance, shares at Dec. 31, 2017		100
Balance, value at Dec. 31, 2017	774	$ 2	$ (5,719)	$ 3,996	2,501	$ (11)	$ 5
Net income attributable to Wyndham Destinations shareholders	34				34		0
Other comprehensive income	14					14
Issuance of shares for RSU vesting		1
Net share settlement of stock-based compensation	(32)			(32)
Change in stock-based compensation	21			21
Change in stock-based compensation for Board of Directors	1			1
Repurchase of common stock (shares)		(1)
Repurchase of common stock	(76)		(76)
Dividends	(67)				(67)
Balance, shares at Mar. 31, 2018		100
Balance, value at Mar. 31, 2018	652	$ 2	(5,795)	3,986	2,451	3	5
Balance, shares at Dec. 31, 2018		95
Balance, value at Dec. 31, 2018	(569)	$ 2	(6,043)	4,077	1,442	(52)	5
Net income attributable to Wyndham Destinations shareholders	80				80		0
Other comprehensive income	2					2
Change in stock-based compensation	5			5
Repurchase of common stock (shares)		(1)
Repurchase of common stock	(60)		(60)
Dividends	(42)				(42)
Balance, shares at Mar. 31, 2019		94
Balance, value at Mar. 31, 2019	$ (584)	$ 2	$ (6,103)	$ 4,082	$ 1,480	$ (50)	$ 5

Condensed Consolidated Statem_5

Condensed Consolidated Statements Of (Deficit)/Equity Equity Statement (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Common Stock, Dividends, Per Share, Declared	$ 0.45	$ 0.66	[1]
[1]	Represents dividends declared by Wyndham Worldwide Corporation prior to the spin-off of Wyndham Hotels & Resorts, Inc.

Background and Basis of Present

Background and Basis of Presentation	3 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	Background and Basis of Presentation Background Wyndham Destinations, Inc. and its subsidiaries (collectively, “Wyndham Destinations” or the “Company”), is a global provider of hospitality services and products. The Company operates in two segments: Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets and sells vacation ownership interests (“VOIs”) to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts. The Exchange & Rentals segment provides vacation exchange services and products to owners of VOIs and manages and markets vacation rental properties primarily on behalf of independent owners. During the fourth quarter of 2018, the Company decided to explore strategic alternatives for its North American vacation rentals business. The assets and liabilities of this business have been classified as held-for-sale as of March 31, 2019 and December 31, 2018. The business does not meet the criteria to be classified as a discontinued operation; therefore, the results are reflected within continuing operations on the Condensed Consolidated Statements of Income. See Note 6 — Held-for-Sale Business for further details. During 2018, the Company completed the spin-off of Wyndham Hotels & Resorts, Inc. (“Spin-off”) and the sale of its European vacation rentals business. The prior period Condensed Consolidated Financial Statements have been reclassified to reflect the results of the hotel business and European vacation rentals business as discontinued operations. See further detail in Note 5 — Discontinued Operations . Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q include the accounts and transactions of Wyndham Destinations, as well as the entities in which Wyndham Destinations directly or indirectly has a controlling financial interest. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.”). All intercompany balances and transactions have been eliminated in the Condensed Consolidated Financial Statements. In addition, certain prior period amounts have been reclassified to comply with newly adopted accounting standards. See further detail in Note 2 — New Accounting Pronouncements . In presenting the Condensed Consolidated Financial Statements, management makes estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ from those estimates. In management’s opinion, the Condensed Consolidated Financial Statements contain all normal recurring adjustments necessary for a fair presentation of interim results reported. The results of operations reported for interim periods are not necessarily indicative of the results of operations for the entire year or any subsequent interim period. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2018 Consolidated Financial Statements included in its Annual Report filed on Form 10-K with the Securities and Exchange Commission on February 26, 2019 .

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Recently Issued Accounting Pronouncements Financial Instruments - Credit Losses . In June 2016, the Financial Accounting Standards Board (“FASB”) issued guidance which amends the guidance on measuring credit losses on financial assets held at amortized cost. The guidance requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this guidance on its financial statements and related disclosures. Simplifying the Test for Goodwill Impairment . In January 2017, the FASB issued guidance which simplifies the current two-step goodwill impairment test by eliminating Step 2 of the test. The guidance requires a one-step impairment test in which an entity compares the fair value of a reporting unit with its carrying amount and recognizes an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, if any. This guidance is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years, and should be applied on a prospective basis. Early adoption is permitted for the interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of the adoption of this guidance on its financial statements and related disclosures. Recently Adopted Accounting Pronouncements Leases. In February 2016, the FASB issued guidance for lease accounting. The guidance requires a lessee to recognize right-of-use assets and lease liabilities on the balance sheet for all lease obligations and disclose key information about leasing arrangements, such as the amount, timing, and uncertainty of cash flows arising from leases. The Company adopted this standard using the modified retrospective approach; therefore, the Company used the transition method practical expedient under ASU 2018-11 and prior year financial statements were not recast. As a result of the adoption, on January 1, 2019 the Company recognized $158 million of right-of-use assets and $200 million of related lease liabilities. Right-of-use assets were decreased by $42 million of tenant improvement allowances and deferred rent balances reclassified from other liabilities. Both the right-of-use assets and related lease liabilities recognized upon adoption included $21 million associated with the Company’s held-for-sale business. Right-of-use assets are included within Other assets and the related lease liabilities are included within Accrued and other liabilities on the balance sheet. The adoption of this standard did not have a material impact to the income statement related to existing leases; therefore a cumulative-effect adjustment was not recorded. The adoption of this standard did not materially impact consolidated net income, liquidity or compliance with our debt covenants under our current agreements. See Note 15 — Leases for more information. Implementation Costs in Cloud Computing Arrangements. In August 2018, the FASB issued guidance on implementation costs incurred in a cloud computing arrangement that is a service contract. This guidance aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the guidance on capitalizing costs associated with developing or obtaining internal-use software and also adds certain disclosure requirements related to implementation costs incurred for internal-use software and cloud computing arrangements. This guidance is effective for fiscal years beginning after December 15, 2019 and for interim periods within those fiscal years, with early adoption permitted. The Company early adopted this guidance as of January 1, 2019 on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s financial statements and related disclosures. Stock Compensation - Improvements to Nonemployee Share-Based Payment Accounting. In June 2018, the FASB issued guidance intended to simplify nonemployee share-based payment accounting. This new guidance more closely aligns the accounting for share-based payment awards issued to employees and nonemployees. The Company adopted this guidance as of January 1, 2019 with no material impact to its Condensed Consolidated Financial Statements and related disclosures.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Vacation Ownership The Company develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts. The Company’s sales of VOIs are either cash sales or developer-financed sales. Developer financed sales are typically collateralized by the underlying VOI. Revenue is recognized on VOI sales upon transfer of control, which is defined as the point in time when a binding sales contract has been executed, the financing contract has been executed for the remaining transaction price, the statutory rescission period has expired and the transaction price has been deemed to be collectible. For developer-financed sales, the Company reduces the VOI sales transaction price by an estimate of uncollectible consideration at the time of the sale. The Company’s estimates of uncollectible amounts are based largely on the results of the Company’s static pool analysis which relies on historical payment data by customer class. In connection with entering into a VOI sale, the Company may provide its customers with certain non-cash incentives, such as credits for future stays at its resorts. For those VOI sales, the Company bifurcates the sale and allocates the sales price between the VOI sale and the non-cash incentive. Non-cash incentives generally have expiration periods of 18 months or less and are recognized at a point in time upon transfer of control. The Company provides day-to-day property management services including oversight of housekeeping services, maintenance and certain accounting and administrative services for property owners’ associations and clubs. These services may also include reservation and resort renovation activities. Such agreements are generally for terms of one year or less, and are renewed automatically on an annual basis. The Company’s management agreements contain cancellation clauses, which allow for either party to cancel the agreement, by either a majority board vote or a majority vote of non-developer interests. The Company receives fees for such property management services which are collected monthly in advance and are based upon total costs to operate such resorts (or as services are provided in the case of resort renovation activities). Fees for property management services typically approximate 10% of budgeted operating expenses. The Company is entitled to consideration for reimbursement of costs incurred on behalf of the property owners’ association in providing the management services (“reimbursable revenue”). These reimbursable costs principally relate to the payroll costs for management of the associations, club and resort properties where the Company is the employer and are reflected as a component of Operating expenses on the Condensed Consolidated Statements of Income. The Company reduces its management fees for amounts it has paid to the property owners’ association that reflect maintenance fees for VOIs for which it retains ownership, as the Company has concluded that such payments are consideration payable to a customer. Property management fee revenues are recognized when the services are performed and are recorded as a component of Service and membership fees on the Condensed Consolidated Statements of Income. Property management revenues, which are comprised of management fee revenue and reimbursable revenue, were $170 million and $164 million during the three months ended March 31, 2019 and 2018 , respectively. Exchange & Rentals As a provider of vacation exchange services, the Company enters into affiliation agreements with developers of vacation ownership properties to allow owners of VOIs to trade their intervals for intervals at other properties affiliated with the Company’s vacation exchange brands and, for some members, for other leisure-related services and products. Additionally, as a marketer of vacation rental properties, generally the Company enters into contracts for exclusive periods of time with property owners to market the rental of such properties to rental customers. The Company’s vacation exchange brands derive a majority of revenues from membership dues and fees for facilitating members’ trading of their intervals. Revenues from membership dues represent the fees paid by members or affiliated clubs on their behalf. The Company recognizes revenues from membership dues paid by the member on a straight-line basis over the membership period as the performance obligations are fulfilled through delivery of publications, if applicable, and by providing access to other travel-related products and services. Estimated net contract consideration payable by affiliated clubs for memberships are recognized as revenue over the term of the contract with the affiliated club in proportion to the estimated average monthly member count. Such estimates are adjusted periodically for changes in the actual and forecasted member activity. For additional fees, members have the right to exchange their intervals for intervals at other properties affiliated with the Company’s vacation exchange networks and, for certain members, for other leisure-related services and products. Fees for facilitating exchanges are recognized as revenue, net of expected cancellations, when these transactions have been confirmed to the member. The Company’s vacation exchange brands also derive revenues from: (i) additional services, programs with affiliated resorts, club servicing and loyalty programs and (ii) additional exchange-related products that provide members with the ability to protect trading power or points, extend the life of deposits, and combine two or more deposits for the opportunity to exchange into intervals with higher trading power. Other vacation exchange related product fees are deferred and recognized as revenue upon the occurrence of a future exchange, other related transaction or event. The Company earns revenue from its RCI Elite Rewards co–branded credit card program which is primarily generated by cardholder spending and the enrollment of new cardholders. The advance payments received under the program are recognized as a contract liability until the Company’s performance obligations have been satisfied. The program primarily contains two performance obligations: (i) brand performance services, for which revenue is recognized over the contract term on a straight-line basis, and (ii) issuance and redemption of loyalty points, for which revenue is recognized over time based upon the redemption pattern of the loyalty points earned under the program including an estimate of loyalty points that will expire without redemption . The Company’s vacation rental brands derive revenue from fees associated with the rental of vacation rental properties managed and marketed by the Company on behalf of independent owners. The Company remits the rental fee received from the renter to the independent owner, net of the Company’s agreed-upon fee. The related revenue from such fees, net of expected refunds, is recognized over the renter’s stay. The Company’s vacation rental brands also derive revenues from additional services delivered to independent owners, vacation rental guests, and property owners’ associations that are generally recognized when the service is delivered. Other Items The Company records property management services revenues and RCI Elite Rewards revenues for its Vacation Ownership and Exchange & Rentals segments in accordance with the guidance for reporting revenues gross as a principal versus net as an agent, which requires that these revenues be recorded on a gross basis. Contract Liabilities Contract liabilities generally represent payments or consideration received in advance for goods or services that the Company has not yet transferred to the customer. Contract liabilities as of March 31, 2019 and December 31, 2018 are as follows: Contract Liabilities (a) March 31, 2019 December 31, 2018 Deferred subscription revenue $ 227 $ 220 Deferred VOI trial package revenue 130 125 Deferred VOI incentive revenue 99 96 Deferred exchange-related revenue (b) 58 56 Deferred co-branded credit card programs revenue 22 14 Deferred other revenue 16 8 Total $ 552 $ 519 (a) There is $58 million and $42 million of deferred vacation rental revenue included in Liabilities of held-for-sale business on the Condensed Consolidated Balance Sheets for 2019 and 2018 , respectively. (b) Balance includes contractual liabilities to accommodate members for cancellations initiated by the Company due to unexpected events. These amounts are included within Accrued expenses and other liabilities on the Consolidated Balance Sheet. In the Company’s vacation ownership business, deferred VOI trial package revenue represents consideration received in advance for a trial VOI, which allows customers to utilize a vacation package typically within one year of purchase. Deferred VOI incentive revenue represents payments received in advance for additional travel-related services and products at the time of a VOI sale. Revenue is recognized when a customer utilizes the additional services and products, which is typically within one year of the VOI sale. Within the Company’s vacation exchange business, deferred subscription revenue represents billings and payments received in advance from members and affiliated clubs for memberships in the Company’s vacation exchange programs which are recognized in future periods. Deferred exchange-related revenue primarily represents payments received in advance from members for the right to exchange their intervals for intervals at other properties affiliated with the Company’s vacation exchange networks and for other leisure-related services and products which are generally recognized as revenue within one year. In the Company's vacation rentals business, deferred vacation rental revenue represents billings and payments received in advance of a customer’s rental stay which are generally recognized as revenue within one year. Changes in contract liabilities for the three months ended March 31, 2019 follow: Amount Contract liabilities as of December 31, 2018 $ 519 Additions 125 Revenue recognized (92 ) Contract liabilities as of March 31, 2019 $ 552 Capitalized Contract Costs The Company’s vacation ownership business incurs certain direct and incremental selling costs in connection with VOI trial package and incentive revenues. Such costs are capitalized and subsequently amortized over the utilization period, which is typically within one year of the sale. These capitalized costs were $47 million as of March 31, 2019 and $45 million as of December 31, 2018 , and are included within Other assets on the Condensed Consolidated Balance Sheet. The Company’s vacation exchange and vacation rentals businesses incur certain direct and incremental selling costs to obtain contracts with customers in connection with subscription revenues, exchange–related revenues, and vacation rental revenues. Such costs, which are primarily comprised of commissions paid to internal and external parties and credit card processing fees, are deferred at the inception of the contract and recognized when the benefit is transferred to the customer. As of March 31, 2019 and December 31, 2018 , these capitalized costs were $21 million and $22 million , respectively. Practical Expedients The Company has not adjusted the consideration for the effects of a significant financing component if it expected, at contract inception, that the period between when the Company satisfied the performance obligation and when the customer paid for that good or service was one year or less. For contracts with customers that were modified prior to 2015, the Company did not retrospectively restate the revenue associated with the contract for those modifications. Instead, it reflected the aggregate effect of all prior modifications in determining (i) the performance obligations and transaction prices and (ii) the allocation of such transaction prices to the performance obligations. Performance Obligations A performance obligation is a promise in a contract with a customer to transfer a distinct good or service to the customer. The consideration received from a customer is allocated to each distinct performance obligation and recognized as revenue when, or as, each performance obligation is satisfied. The following table summarizes the Company’s remaining performance obligations for the twelve month periods set forth below: 4/1/2019 - 3/31/2020 4/1/2020 - 3/31/2021 4/1/2021 - 3/31/2022 Thereafter Total Subscription revenue $ 125 $ 54 $ 25 $ 23 $ 227 VOI trial package revenue 130 — — — 130 VOI incentive revenue 99 — — — 99 Exchange-related revenue 52 4 1 1 58 Co-branded credit card programs revenue 5 4 5 8 22 Other revenue 16 — — — 16 Total $ 427 $ 62 $ 31 $ 32 $ 552 Disaggregation of Net Revenues The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments: Three Months Ended March 31, 2019 2018 Vacation Ownership Vacation ownership interest sales $ 375 $ 358 Property management fees and reimbursable revenues 170 164 Consumer financing 125 118 Fee-for-Service commissions — 10 Ancillary revenues 13 11 Total Vacation Ownership 683 661 Exchange & Rentals Exchange revenues 180 188 Vacation rental revenues 38 38 Ancillary revenues 18 20 Total Exchange & Rentals 236 246 Corporate and other Eliminations (1 ) — Net revenues $ 918 $ 907

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share Reconciliation [Abstract]
Earnings Per Share	Earnings Per Share The computation of basic and diluted earnings per share (“EPS”) is based on net income attributable to Wyndham Destinations shareholders divided by the basic weighted average number of common shares and diluted weighted average number of common shares, respectively. The following table sets forth the computation of basic and diluted EPS (in millions, except per share data): Three Months Ended March 31, 2019 2018 Income from continuing operations attributable to Wyndham Destinations shareholders $ 81 $ 41 Loss from operations of discontinued businesses attributable to Wyndham Destinations shareholders, net of tax — (7 ) Loss on disposal of discontinued businesses attributable to Wyndham Destinations shareholders, net of tax (1 ) — Net income attributable to Wyndham Destinations shareholders $ 80 $ 34 Basic earnings per share Continuing operations $ 0.86 $ 0.41 Discontinued operations (0.01 ) (0.07 ) $ 0.85 $ 0.34 Diluted earnings per share Continuing operations $ 0.85 $ 0.41 Discontinued operations — (0.07 ) $ 0.85 $ 0.34 Basic weighted average shares outstanding 94.4 100.1 Stock-settled appreciation rights (“SSARs”), RSUs (a) and PSUs (b) 0.3 0.7 Diluted weighted average shares outstanding (c)(d) 94.7 100.8 Dividends: Aggregate dividends paid to shareholders $ 42 $ 70 (a) Excludes 0.7 million restricted stock units (“RSUs”) that would have been anti-dilutive to EPS for the three months ended March 31, 2019 , but could potentially dilute basic earnings per share in the future. The number of anti-dilutive RSUs for the three months ended March 31, 2018 was immaterial. Includes unvested dilutive RSUs which are subject to future forfeiture. (b) Excludes 0.2 million and 0.5 million performance-vested stock units (“PSUs”) for the three months ended March 31, 2019 and 2018 , respectively, as the Company has not met the required performance metrics. These PSUs could potentially dilute basic earnings per share in the future. (c) Excludes 0.9 million outstanding stock awards that would have been anti-dilutive to EPS for the three months ended March 31, 2019 , but could potentially dilute basic earnings per share in the future. (d) The dilutive impact of the Company’s potential common stock is computed utilizing the treasury stock method using average market prices during the period. Stock Repurchase Program The following table summarizes stock repurchase activity under the current stock repurchase program: Shares Repurchased Cost As of December 31, 2018 100.6 $ 5,262 Repurchases 1.4 60 As of March 31, 2019 102.0 $ 5,322 The Company had $756 million of remaining availability under its program as of March 31, 2019 .

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations During 2018, the Company completed the spin-off of its hotel business and the sale of its European vacation rentals business. As a result, the Company has classified the results of operations for these businesses as discontinued operations in its Condensed Consolidated Financial Statements and related notes. Discontinued operations include direct expenses clearly identifiable to the businesses being discontinued. The Company does not expect to incur significant ongoing expenses classified as discontinued operations except for certain tax adjustments that may be required as final tax returns are completed. Discontinued operations exclude the allocation of corporate overhead and interest. Discontinued operations included $32 million of separation and related costs during the three months ended March 31, 2018 . Prior to its classification as a discontinued operation, the hotel business comprised the Hotel Group segment and the European vacation rentals business was part of the former Destination Network segment, now known as Exchange & Rentals. The following table presents information regarding certain components of income from discontinued operations, net of income taxes for the three months ended : March 31, 2019 2018 Net revenues $ — $ 409 Expenses: Operating — 191 Marketing — 114 General and administrative — 44 Separation and related costs — 32 Depreciation and amortization — 34 Total expenses — 415 Other (income), net — (1 ) Interest (income) — (1 ) Provision for income taxes — 3 Loss from operations of discontinued businesses, net of income taxes — (7 ) Loss on disposal of discontinued businesses, net of income taxes (1 ) — Loss on discontinued operations, net of income taxes $ (1 ) $ (7 ) The following table presents information regarding certain components of cash flows from discontinued operations for the three months ended: March 31, 2019 March 31, 2018 Cash flows provided by operating activities $ — $ 156 Cash flows used in investing activities (27 ) (8 ) Cash flows used in financing activities — (6 ) Non-cash items: Depreciation and amortization — 34 Stock-based compensation — 3 Deferred income taxes — (12 ) Property and equipment additions — (20 ) Held-for-Sale Business During the fourth quarter of 2018, the Company decided to explore strategic alternatives for its North American vacation rentals business. The assets and liabilities of this business have been classified as held-for-sale as of March 31, 2019 and December 31, 2018. The business does not meet the criteria to be classified as a discontinued operation; therefore, the results are reflected within continuing operations on the Condensed Consolidated Statements of Income. This business is currently reported within the Exchange & Rentals segment. Total assets of this business at March 31, 2019 were $270 million including $44 million Restricted cash, $113 million Trade receivables, net, $41 million Goodwill and other intangibles, net, $34 million Property & equipment, net and $33 million Other assets. Total liabilities of this business at March 31, 2019 were $241 million including $114 million Accounts payable, $58 million Deferred income and $61 million Accrued expenses and other liabilities. Total assets of this business at December 31, 2018 were $203 million including $31 million Restricted cash, $82 million Trade receivables, net, $42 million Goodwill and other intangibles, net, $35 million Property & equipment, net and $8 million Other Assets. Total liabilities of this business at December 31, 2018 were $165 million including $87 million Accounts payable, $42 million Deferred income and $27 million Accrued expenses and other liabilities.

Held-for-Sale Business (Notes)

Held-for-Sale Business (Notes)	3 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Held-for-Sale Business	Discontinued Operations During 2018, the Company completed the spin-off of its hotel business and the sale of its European vacation rentals business. As a result, the Company has classified the results of operations for these businesses as discontinued operations in its Condensed Consolidated Financial Statements and related notes. Discontinued operations include direct expenses clearly identifiable to the businesses being discontinued. The Company does not expect to incur significant ongoing expenses classified as discontinued operations except for certain tax adjustments that may be required as final tax returns are completed. Discontinued operations exclude the allocation of corporate overhead and interest. Discontinued operations included $32 million of separation and related costs during the three months ended March 31, 2018 . Prior to its classification as a discontinued operation, the hotel business comprised the Hotel Group segment and the European vacation rentals business was part of the former Destination Network segment, now known as Exchange & Rentals. The following table presents information regarding certain components of income from discontinued operations, net of income taxes for the three months ended : March 31, 2019 2018 Net revenues $ — $ 409 Expenses: Operating — 191 Marketing — 114 General and administrative — 44 Separation and related costs — 32 Depreciation and amortization — 34 Total expenses — 415 Other (income), net — (1 ) Interest (income) — (1 ) Provision for income taxes — 3 Loss from operations of discontinued businesses, net of income taxes — (7 ) Loss on disposal of discontinued businesses, net of income taxes (1 ) — Loss on discontinued operations, net of income taxes $ (1 ) $ (7 ) The following table presents information regarding certain components of cash flows from discontinued operations for the three months ended: March 31, 2019 March 31, 2018 Cash flows provided by operating activities $ — $ 156 Cash flows used in investing activities (27 ) (8 ) Cash flows used in financing activities — (6 ) Non-cash items: Depreciation and amortization — 34 Stock-based compensation — 3 Deferred income taxes — (12 ) Property and equipment additions — (20 ) Held-for-Sale Business During the fourth quarter of 2018, the Company decided to explore strategic alternatives for its North American vacation rentals business. The assets and liabilities of this business have been classified as held-for-sale as of March 31, 2019 and December 31, 2018. The business does not meet the criteria to be classified as a discontinued operation; therefore, the results are reflected within continuing operations on the Condensed Consolidated Statements of Income. This business is currently reported within the Exchange & Rentals segment. Total assets of this business at March 31, 2019 were $270 million including $44 million Restricted cash, $113 million Trade receivables, net, $41 million Goodwill and other intangibles, net, $34 million Property & equipment, net and $33 million Other assets. Total liabilities of this business at March 31, 2019 were $241 million including $114 million Accounts payable, $58 million Deferred income and $61 million Accrued expenses and other liabilities. Total assets of this business at December 31, 2018 were $203 million including $31 million Restricted cash, $82 million Trade receivables, net, $42 million Goodwill and other intangibles, net, $35 million Property & equipment, net and $8 million Other Assets. Total liabilities of this business at December 31, 2018 were $165 million including $87 million Accounts payable, $42 million Deferred income and $27 million Accrued expenses and other liabilities.

Vacation Ownership Contract Rec

Vacation Ownership Contract Receivables	3 Months Ended
	Mar. 31, 2019
Vacation Ownership Contract Receivables [Abstract]
Vacation Ownership Contract Receivables	Vacation Ownership Contract Receivables The Company generates vacation ownership contract receivables by extending financing to the purchasers of its VOIs. Vacation ownership contract receivables, net consisted of: March 31, December 31, Vacation ownership contract receivables: Securitized $ 2,913 $ 2,883 Non-securitized 828 888 Vacation ownership contract receivables, gross 3,741 3,771 Less: Allowance for loan losses 721 734 Vacation ownership contract receivables, net $ 3,020 $ 3,037 The Company’s securitized vacation ownership contract receivables generated interest income of $99 million and $87 million during the three months ended March 31, 2019 and 2018 , respectively. Such interest income is included within Consumer financing revenue on the Condensed Consolidated Statements of Income. During the three months ended March 31, 2019 and 2018 , the Company originated vacation ownership contract receivables of $322 million and $297 million , respectively, and received principal collections of $230 million and $226 million , respectively. The weighted average interest rate on outstanding vacation ownership contract receivables was 14.2% and 14.1% as of March 31, 2019 and December 31, 2018 , respectively. The activity in the allowance for loan losses on vacation ownership contract receivables was as follows: Amount Allowance for loan losses as of December 31, 2018 $ 734 Provision for loan losses 109 Contract receivables write-offs, net (122 ) Allowance for loan losses as of March 31, 2019 $ 721 Amount Allowance for loan losses as of December 31, 2017 $ 691 Provision for loan losses 92 Contract receivables write-offs, net (98 ) Allowance for loan losses as of March 31, 2018 $ 685 In accordance with the guidance for accounting for real estate time-sharing transactions, the Company recorded a provision for loan losses of $109 million and $92 million as a reduction of net revenues during the three months ended March 31, 2019 and 2018 , respectively. Credit Quality for Financed Receivables and the Allowance for Credit Losses The basis of the differentiation within the identified class of financed VOI contract receivables is the consumer’s Fair Isaac Corporation (“FICO”) score. A FICO score is a branded version of a consumer credit score widely used in the United States by the largest banks and lending institutions. FICO scores range from 300 to 850 and are calculated based on information obtained from one or more of the three major U.S. credit reporting agencies that compile and report on a consumer’s credit history. The Company updates its records for all active VOI contract receivables with a balance due on a rolling monthly basis to ensure that all VOI contract receivables are scored at least every six months. The Company groups all VOI contract receivables into five different categories: FICO scores ranging from 700 to 850, from 600 to 699, below 600, no score (primarily comprised of consumers for whom a score is not readily available, including consumers declining access to FICO scores and non-U.S. residents) and Asia Pacific (comprised of receivables in the Company’s Wyndham Vacation Resort Asia Pacific business for which scores are not readily available). The following table details an aging analysis of financing receivables using the most recently updated FICO scores (based on the policy described above): As of March 31, 2019 700+ 600-699 <600 No Score Asia Pacific Total Current $ 1,963 $ 1,032 $ 189 $ 137 $ 251 $ 3,572 31 - 60 days 21 30 16 5 2 74 61 - 90 days 14 19 14 3 1 51 91 - 120 days 11 16 15 2 — 44 Total $ 2,009 $ 1,097 $ 234 $ 147 $ 254 $ 3,741 As of December 31, 2018 700+ 600-699 <600 No Score Asia Pacific Total Current $ 1,996 $ 1,041 $ 166 $ 135 $ 246 $ 3,584 31 - 60 days 22 35 18 6 2 83 61 - 90 days 15 22 13 3 1 54 91 - 120 days 12 17 16 4 1 50 Total $ 2,045 $ 1,115 $ 213 $ 148 $ 250 $ 3,771 The Company ceases to accrue interest on VOI contract receivables once the contract has remained delinquent for greater than 90 days. At greater than 120 days, the VOI contract receivable is written off to the allowance for loan losses. In accordance with its policy, the Company assesses the allowance for loan losses using a static pool methodology and thus does not assess individual loans for impairment separate from the pool.

Inventory

Inventory	3 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory consisted of: March 31, December 31, Land held for VOI development $ 4 $ 4 VOI construction in process 50 45 Inventory sold subject to repurchase 33 33 Completed VOI inventory 787 797 Estimated VOI recoveries 278 286 Exchange & Rentals vacation credits and other 61 59 Total inventory $ 1,213 $ 1,224 During the three months ended March 31, 2019 and 2018 , the Company transferred $15 million and $48 million , respectively, of VOI inventory to property and equipment. In addition to the inventory obligations listed below, the Company had $9 million and $6 million of inventory accruals included within Accounts payable on the Condensed Consolidated Balance Sheets as of March 31, 2019 and December 31, 2018 , respectively. Inventory Sale Transactions During 2013, the Company sold real property located in Las Vegas, Nevada and Avon, Colorado to a third-party developer, consisting of vacation ownership inventory and property and equipment. The Company recognized no gain or loss on these sales transactions. In accordance with these agreements with third-party developers, the Company has conditional rights and conditional obligations to repurchase the completed properties from the developers subject to the properties conforming to the Company's vacation ownership resort standards and provided that the third-party developers have not sold the properties to another party. The Company’s conditional rights and obligations constitute continuing involvement therefore prohibiting the Company from accounting for these transactions as sales. During 2017, the Company acquired property located in Austin, Texas from a third-party developer for vacation ownership inventory and property and equipment. The following table summarizes the activity related to the Company’s inventory obligations: Avon Las Vegas Austin Total December 31, 2017 $ 22 $ 60 $ 62 $ 144 Purchases — — — — Payments (11 ) (16 ) — (27 ) March 31, 2018 $ 11 $ 44 $ 62 $ 117 December 31, 2018 $ 11 $ 52 $ 31 $ 94 Purchases — — 1 1 Payments (11 ) (18 ) — (29 ) March 31, 2019 $ — $ 34 $ 32 $ 66 Reported in December 2018: Accrued expenses and other liabilities $ 11 $ 52 $ 31 $ 94 Total inventory obligations $ 11 $ 52 $ 31 $ 94 Reported in March 2019: Accrued expenses and other liabilities $ — $ 34 $ 32 $ 66 Total inventory obligations $ — $ 34 $ 32 $ 66 The Company has committed to repurchase the completed property located in Las Vegas, Nevada from a third-party developer subject to the property meeting the Company’s vacation ownership resort standards and provided that the third-party developer has not sold the property to another party. The maximum potential future payments that the Company may be required to make under these commitments was $142 million as of March 31, 2019 .

Property and equipment (Notes)

Property and equipment (Notes)	3 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Property and Equipment Property and equipment, net, consisted of: March 31, 2019 December 31, 2018 Land $ 32 $ 30 Building and leasehold improvements 616 588 Furniture, fixtures and equipment 238 250 Capitalized software 611 604 Finance leases 10 12 Construction in progress 56 81 Total property and equipment 1,563 1,565 Less: Accumulated depreciation and amortization 843 853 Net property and equipment $ 720 $ 712

Debt

Debt	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Debt	Debt The Company’s indebtedness consisted of: March 31, December 31, Non-recourse vacation ownership debt : (a) Term notes (b) $ 2,002 $ 1,839 $800 million bank conduit facility (due April 2020) (c) 452 518 Total $ 2,454 $ 2,357 Debt : (d) $1.0 billion secured revolving credit facility (due May 2023) (e) $ 161 $ 181 $300 million secured term loan B (due May 2025) 295 296 $40 million 7.375% secured notes (due March 2020) 40 40 $250 million 5.625% secured notes (due March 2021) 249 249 $650 million 4.25% secured notes (due March 2022) (f) 649 649 $400 million 3.90% secured notes (due March 2023) (g) 404 405 $300 million 5.40% secured notes (due April 2024) 298 297 $350 million 6.35% secured notes (due October 2025) (h) 341 341 $400 million 5.75% secured notes (due April 2027) (i) 397 388 Finance leases 3 3 Other — 32 Total $ 2,837 $ 2,881 (a) Represents non-recourse debt that is securitized through bankruptcy-remote special purpose entities, the creditors of which have no recourse to the Company for principal and interest. These outstanding borrowings (which legally are not liabilities of the Company) are collateralized by $3.09 billion and $3.03 billion of underlying gross vacation ownership contract receivables and related assets (which legally are not assets of the Company) as of March 31, 2019 and December 31, 2018 , respectively. (b) The carrying amounts of the term notes are net of debt issuance costs aggregating $24 million and $21 million as of March 31, 2019 and December 31, 2018 , respectively. (c) The Company has borrowing capability under the Sierra Receivable Funding Conduit II 2008-A facility through April 2020. Borrowings under this facility are required to be repaid as the collateralized receivables amortize but no later than May 2021. (d) The carrying amounts of the secured notes and term loan are net of unamortized discounts of $10 million and $11 million as of March 31, 2019 and December 31, 2018 , respectively, and net of unamortized debt financing costs of $6 million as of March 31, 2019 and December 31, 2018 , respectively. (e) As of March 31, 2019 , the weighted average interest rate on borrowings from this facility was 6.09% . (f) Includes $1 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (g) Includes $6 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (h) Includes $7 million of unamortized losses from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (i) Includes a $1 million increase and $8 million decrease in the carrying value resulting from a fair value hedge derivative as of March 31, 2019 and December 31, 2018 , respectively. As of March 31, 2019 , the variable interest rate on the notional portion of these notes was 4.66% , and the effective rate was 5.91% . Sierra Timeshare 2019-1 Receivables Funding LLC On March 20, 2019, the Company closed on a private placement of a series of term notes payable, issued by Sierra Timeshare 2019-1 Receivables Fundings LLC, with an initial principal amount of $400 million , which are secured by vacation ownership contract receivables and bear interest at a weighted average coupon rate of 3.57% . The advance rate for this transaction was 98.00% . Maturities and Capacity The Company’s outstanding debt as of March 31, 2019 matures as follows: Non-recourse Vacation Ownership Debt Debt Total Within 1 year $ 207 $ 44 $ 251 Between 1 and 2 years 210 253 463 Between 2 and 3 years 604 652 1,256 Between 3 and 4 years 221 407 628 Between 4 and 5 years 235 164 399 Thereafter 977 1,317 2,294 $ 2,454 $ 2,837 $ 5,291 Required principal payments on the non-recourse vacation ownership debt are based on the contractual repayment terms of the underlying vacation ownership contract receivables. Actual maturities may differ as a result of prepayments by the vacation ownership contract receivable obligors. As of March 31, 2019 , available capacity under the Company’s borrowing arrangements was as follows: Non-recourse Conduit Facilities (a) Revolving Credit Facilities (b) Total capacity $ 800 $ 1,000 Less: Outstanding borrowings 452 161 Less: Letters of credit — 24 Available capacity $ 348 $ 815 (a) Consists of the Company’s Sierra Receivable Funding Conduit II 2008-A facility. The capacity of this facility is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings. (b) Consists of the Company’s $1.0 billion revolving credit facility. Debt Covenants The revolving credit facilities and term loan B are subject to covenants including the maintenance of specific financial ratios as defined in the credit agreement. The financial ratio covenants consist of a minimum interest coverage ratio of at least 2.5 to 1.0 as of the measurement date and a maximum first lien leverage ratio not to exceed 4.25 to 1.0 as of the measurement date. The interest coverage ratio is calculated by dividing consolidated EBITDA (as defined in the credit agreement) by consolidated interest expense (as defined in the credit agreement), both as measured on a trailing 12-month basis preceding the measurement date. As of March 31, 2019 , our interest coverage ratio was 6.3 to 1.0. The first lien leverage ratio is calculated by dividing consolidated first lien debt (as defined in the credit agreement) as of the measurement date by consolidated EBITDA (as defined in the credit agreement) as measured on a trailing 12-month basis preceding the measurement date. As of March 31, 2019 , our first lien leverage ratio was 2.7 to 1.0. These ratios do not include interest expense or indebtedness related to any qualified securitization financing (as defined in the credit agreement). As of March 31, 2019 , we were in compliance with all of the financial covenants described above. Each of our non-recourse, securitized term notes, and the bank conduit facilities contain various triggers relating to the performance of the applicable loan pools. If the vacation ownership contract receivables pool that collateralizes one of our securitization notes fails to perform within the parameters established by the contractual triggers (such as higher default or delinquency rates), there are provisions pursuant to which the cash flows for that pool will be maintained in the securitization as extra collateral for the note holders or applied to accelerate the repayment of outstanding principal to the note holders. As of March 31, 2019 , all of our securitized loan pools were in compliance with applicable contractual triggers. Interest Expense During the three months ended March 31, 2019 , the Company incurred interest expense of $41 million on debt excluding non-recourse vacation ownership debt, including an offset of $1 million of capitalized interest. Such amounts are included within Interest expense on the Condensed Consolidated Statements of Income. Cash paid related to such interest was $40 million during the three months ended March 31, 2019 . During the three months ended March 31, 2018 , the Company incurred interest expense of $45 million on debt excluding non-recourse vacation ownership debt, including an offset of less than $1 million of capitalized interest. Such amounts are included within Interest expense on the Condensed Consolidated Statements of Income. Cash paid related to such interest was $50 million during the three months ended March 31, 2018 . Interest expense incurred in connection with the Company’s non-recourse vacation ownership debt during the three months ended March 31, 2019 was $26 million and $19 million during the three months ended March 31, 2018 and is recorded within Consumer financing interest on the Condensed Consolidated Statements of Income. Cash paid related to such interest was $20 million and $11 million for the three months ended March 31, 2019 and 2018 . Transition from LIBOR The Company is currently evaluating the impact of the transition from LIBOR as an interest rate benchmark to other potential alternative reference rates, including but not limited to the Secured Overnight Financing Rate (“SOFR”). Currently the Company has several debt and derivative instruments in place that reference LIBOR-based rates. The transition from LIBOR is estimated to take place in 2021 and management will continue to actively assess the related opportunities and risks involved in this transition.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2019
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Variable Interest Entities	Variable Interest Entities In accordance with the applicable accounting guidance for the consolidation of a variable interest entity (“VIE”), the Company analyzes its variable interests, including loans, guarantees, special purpose entities (“SPEs”) and equity investments, to determine if an entity in which the Company has a variable interest is a VIE. If the entity is considered to be a VIE, the Company determines whether it would be considered the entity’s primary beneficiary. The Company consolidates into its financial statements those VIEs for which it has determined that it is the primary beneficiary. Vacation Ownership Contract Receivables Securitizations The Company pools qualifying vacation ownership contract receivables and sells them to bankruptcy-remote entities. Vacation ownership contract receivables qualify for securitization based primarily on the credit strength of the VOI purchaser to whom financing has been extended. Vacation ownership contract receivables are securitized through bankruptcy-remote SPEs that are consolidated within the Company’s financial statements. As a result, the Company does not recognize gains or losses resulting from these securitizations at the time of sale to the SPEs. Interest income is recognized when earned over the contractual life of the vacation ownership contract receivables. The Company services the securitized vacation ownership contract receivables pursuant to servicing agreements negotiated on an arm’s-length basis based on market conditions. The activities of these SPEs are limited to (i) purchasing vacation ownership contract receivables from the Company’s vacation ownership subsidiaries, (ii) issuing debt securities and/or borrowing under a conduit facility to fund such purchases and (iii) entering into derivatives to hedge interest rate exposure. The bankruptcy-remote SPEs are legally separate from the Company. The receivables held by the bankruptcy-remote SPEs are not available to creditors of the Company and legally are not assets of the Company. Additionally, the non-recourse debt that is securitized through the SPEs is legally not a liability of the Company and thus, the creditors have no recourse to the Company for principal and interest. The assets and liabilities of these vacation ownership SPEs are as follows: March 31, December 31, Securitized contract receivables, gross (a) $ 2,913 $ 2,883 Securitized restricted cash (b) 153 120 Interest receivables on securitized contract receivables (c) 24 23 Other assets (d) 2 3 Total SPE assets 3,092 3,029 Non-recourse term notes (e) (f) 2,002 1,839 Non-recourse conduit facilities (e) 452 518 Other liabilities (g) 7 3 Total SPE liabilities 2,461 2,360 SPE assets in excess of SPE liabilities $ 631 $ 669 (a) Included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets. (b) Included in Restricted cash on the Condensed Consolidated Balance Sheets. (c) Included in Trade receivables, net on the Condensed Consolidated Balance Sheets. (d) Primarily includes deferred financing costs for the bank conduit facility and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets. (e) Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets. (f) Includes deferred financing costs of $24 million and $21 million as of March 31, 2019 and December 31, 2018 , respectively, related to non-recourse debt. (g) Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets. In addition, the Company has vacation ownership contract receivables that have not been securitized through bankruptcy-remote SPEs. Such gross receivables were $828 million and $888 million as of March 31, 2019 and December 31, 2018 , respectively. A summary of total vacation ownership contract receivables and other securitized assets, net of non-recourse liabilities and the allowance for loan losses, is as follows: March 31, December 31, SPE assets in excess of SPE liabilities $ 631 $ 669 Non-securitized contract receivables 828 888 Less: Allowance for loan losses 721 734 Total, net $ 738 $ 823 Saint Thomas, U.S. Virgin Islands Property During 2015, the Company sold real property located in Saint Thomas, U.S. Virgin Islands to a third-party developer to construct VOI inventory through an SPE. In accordance with the agreements with the third-party developer, the Company has conditional rights and conditional obligations to repurchase the completed property from the developer subject to the property conforming to the Company's vacation ownership resort standards and provided that the third-party developer has not sold the property to another party. As a result of a disruption to VOI sales caused by the impact of the hurricanes on Saint Thomas, U.S. Virgin Islands in 2017, there was a change in the economics of the transaction due to a reduction in the fair value of the assets of the SPE. As such, the Company is now considered the primary beneficiary for specified assets and liabilities of the SPE, and therefore consolidated $64 million of Property and equipment and $104 million of Debt on its Condensed Consolidated Balance Sheet. As a result of this consolidation, the Company incurred a non-cash $37 million loss due to a write-down of property and equipment to fair value. During the first quarter of 2019, the Company made its final purchase of VOI inventory from the SPE, and the debt was extinguished. The assets and liabilities of the Saint Thomas Property SPE are as follows: December 31, Property and equipment, net 23 Total SPE assets 23 Debt (a) 32 Total SPE liabilities 32 SPE equity (deficit) $ (9 ) (a) Included $32 million relating to mortgage notes, which were included in Debt on the Condensed Consolidated Balance Sheets as of December 31, 2018 . During the three months ended March 31, 2019 and 2018 , the SPE conveyed $23 million and $8 million , respectively, of property and equipment to the Company.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company measures its financial assets and liabilities at fair value on a recurring basis and utilizes the fair value hierarchy to determine such fair values. Financial assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value driver is observable. Level 3: Unobservable inputs used when little or no market data is available. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy within which the fair value measurement falls has been determined based on the lowest level input (closest to Level 3) that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability. As of March 31, 2019 , the Company had interest rate swap contracts resulting in less than $1 million of assets which are included within Other assets on the Condensed Consolidated Balance Sheet. The Company also had foreign exchange contracts resulting in less than $1 million of liabilities which are included within Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. On a recurring basis, such assets and liabilities are remeasured at estimated fair value (all of which are Level 2) and thus are equal to the carrying value. The Company’s derivative instruments primarily consist of pay-fixed/receive-variable interest rate swaps, pay-variable/receive-fixed interest rate swaps, interest rate caps, and foreign exchange forward contracts. For assets and liabilities that are measured using quoted prices in active markets, the fair value is the published market price per unit multiplied by the number of units held without consideration of transaction costs. Assets and liabilities that are measured using other significant observable inputs are valued by reference to similar assets and liabilities. For these items, a significant portion of fair value is derived by reference to quoted prices of similar assets and liabilities in active markets. For assets and liabilities that are measured using significant unobservable inputs, fair value is primarily derived using a fair value model, such as a discounted cash flow model. The fair value of financial instruments is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market. In cases where quoted market prices are not available, fair value is based on estimates using present value or other valuation techniques, as appropriate. The carrying amounts of cash and cash equivalents, restricted cash, trade receivables, accounts payable and accrued expenses and other current liabilities approximate fair value due to the short-term maturities of these assets and liabilities. The carrying amounts and estimated fair values of all other financial instruments are as follows: March 31, 2019 December 31, 2018 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets Vacation ownership contract receivables, net $ 3,020 $ 3,651 $ 3,037 $ 3,662 Debt Total debt $ 5,291 $ 5,326 $ 5,238 $ 4,604 The Company estimates the fair value of its vacation ownership contract receivables using a discounted cash flow model which it believes is comparable to the model that an independent third-party would use in the current market. The model uses Level 3 inputs consisting of default rates, prepayment rates, coupon rates and loan terms for the contract receivables portfolio as key drivers of risk and relative value that, when applied in combination with pricing parameters, determines the fair value of the underlying contract receivables. The Company estimates the fair value of its non-recourse vacation ownership debt by obtaining Level 2 inputs comprised of indicative bids from investment banks that actively issue and facilitate the secondary market for timeshare securities. The Company estimates the fair value of its debt, excluding finance leases, using Level 2 inputs based on indicative bids from investment banks and determines the fair value of its secured notes using quoted market prices (such secured notes are not actively traded).

Derivative Instruments And Hedg

Derivative Instruments And Hedging Activities	3 Months Ended
	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments And Hedging Activities	Derivative Instruments and Hedging Activities Foreign Currency Risk The Company has foreign currency rate exposure to exchange rate fluctuations worldwide with particular exposure to the British pound, Euro, the Canadian and Australian dollars and the Mexican peso. The Company uses freestanding foreign currency forward contracts to manage a portion of its exposure to changes in foreign currency exchange rates associated with its foreign currency denominated receivables, payables and forecasted earnings of foreign subsidiaries. Additionally, the Company has used foreign currency forward contracts designated as cash flow hedges to manage a portion of its exposure to changes in forecasted foreign currency denominated vendor payments. The amount of gains or losses relating to contracts designated as cash flow hedges that the Company expects to reclassify from Accumulated other comprehensive loss (“AOCL”) to earnings over the next 12 months is not material. Interest Rate Risk A portion of the debt used to finance the Company’s operations is exposed to interest rate fluctuations. The Company uses various hedging strategies and derivative financial instruments to create a desired mix of fixed and floating rate assets and liabilities. Derivative instruments currently used in these hedging strategies include swaps. Interest rate swaps are used to convert specific fixed-rate debt into variable-rate debt (i.e., fair value hedges) to manage the overall interest cost. For relationships designated as fair value hedges, changes in fair value of the derivatives were recorded in income with offsetting adjustments to the carrying amount of the hedged debt, resulting in an immaterial impact to the Condensed Consolidated Statements of Income. Losses on derivatives recognized in AOCL for the three months ended March 31, 2019 and 2018 were not material.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2019
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]
Income Taxes	Income Taxes The Company files income tax returns in the U.S. federal and state jurisdictions, as well as in foreign jurisdictions. The Company is no longer subject to U.S. federal income tax examinations for years prior to 2015. In addition, with few exceptions, the Company is no longer subject to state, local or foreign income tax examinations for years prior to 2009. The Company’s effective tax rate decreased from 36.9% during the three months ended March 31, 2018 to 27.7% during the three months ended March 31, 2019 primarily due to the absence of non-cash tax charges from certain internal restructurings associated with the sale of its European vacation rentals business during 2018; partially offset by excess tax benefits in relation to stock based compensation in 2018. The Company made cash income tax payments, net of tax refunds, of $2 million and $70 million during the three months ended March 31, 2019 and 2018 , respectively. In addition, the Company made cash income tax payments, net of refunds, of $ 5 million during the three months ended March 31, 2018 related to discontinued operations.

Leases (Notes)

Leases (Notes)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases of Lessee Disclosure [Text Block]	Leases The Company adopted the new Leases accounting standard as of January 1, 2019, resulting in the recognition of $158 million of right-of-use assets and $200 million of related lease liabilities. Right-of-use assets were decreased by $42 million of tenant improvement allowances and deferred rent balances reclassified from other liabilities. Both the right-of-use assets and related lease liabilities recognized upon adoption included $21 million associated with the Company’s held-for-sale business. The new standard requires a lessee to recognize right-of-use assets and lease liabilities on the balance sheet for all lease obligations and disclose key information about leasing arrangements, such as the amount, timing, and uncertainty of cash flows arising from leases. We adopted the standard using the modified retrospective approach; therefore, prior year financial statements were not recast. We elected the package of transition provisions available for expired or existing contracts, which allowed us to carryforward our historical assessments of (i) whether contracts are leases or contain leases, (ii) lease classification and (iii) initial direct costs. We lease property and equipment under finance and operating leases for our corporate headquarters, administrative functions, marketing and sales offices, and various other facilities and equipment. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Many of our leases include rental escalation clauses, lease incentives, renewal options and/or termination options that are factored into our determination of lease payments. The Company elected the hindsight practical expedient to determine the reasonably certain lease term for existing leases. The Company also made an accounting policy election to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments on a straight-line basis over the lease term in the income statement. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. Our leases have remaining lease terms of one to 20 years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year. As of March 31, 2019 , the Company had right-of-use assets of $131 million and related lease liabilities of $171 million . Right-of-use assets are included within Other assets, and the related lease liabilities are included within Accrued and other liabilities on the balance sheet. The table below presents certain information related to the lease costs for finance and operating leases: Three Months Ended March 31, 2019 Operating lease cost $ 9 Short-term lease cost $ 5 Finance lease cost: Amortization of right-of-use assets — Interest on lease liabilities — Total finance lease cost $ — The table below presents supplemental cash flow information related to leases: Three Months Ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 10 Operating cash flows from finance leases $ — Financing cash flows from finance leases $ — Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 4 Finance leases $ — The table below presents the lease-related assets and liabilities recorded on the balance sheet: Balance Sheet Classification March 31, 2019 Operating Leases: Operating lease right-of-use assets Other assets $ 131 Operating lease liabilities Accrued expenses and other liabilities $ 171 Finance Leases: Finance lease assets (a) Property and equipment, net $ 3 Finance lease liabilities Debt $ 3 Weighted Average Remaining Lease Term: Operating leases 9.5 years Finance leases 2.4 years Weighted Average Discount Rate: Operating leases (b) 6.8 % Finance leases 4.2 % (a) Presented net of accumulated depreciation. (b) Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019. The table below presents maturities of lease liabilities as of March 31, 2019: Operating Leases Finance Leases Nine months ending December 31, 2019 $ 29 $ 1 2020 32 1 2021 27 1 2022 24 — 2023 22 — Thereafter 99 — Total minimum lease payments 233 3 Less: Amount of lease payments representing interest (62 ) — Present value of future minimum lease payments $ 171 $ 3 The table below presents future minimum lease payments required under non-cancelable operating leases as reported in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February 26, 2019: December 31, 2018 2019 $ 34 2020 30 2021 26 2022 24 2023 22 Thereafter 99 Future minimum lease payments $ 235 During 2018, the Company incurred total rental expense of $61 million for continuing operations and $9 million for discontinued operations.

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	Commitments and Contingencies The Company is involved in claims, legal and regulatory proceedings, and governmental inquiries related to the Company’s business, none of which, in the opinion of management, is expected to have a material effect on our results of operations or financial condition. Wyndham Destinations Litigation The Company may be from time to time involved in claims, legal and regulatory proceedings, and governmental inquiries arising in the ordinary course of its business including but not limited to: for its vacation ownership business–breach of contract, bad faith, conflict of interest, fraud, consumer protection and other statutory claims by property owners’ associations, owners and prospective owners in connection with the sale or use of VOIs or land, or the management of vacation ownership resorts, construction defect claims relating to vacation ownership units or resorts or in relation to guest reservations and bookings; and negligence, breach of contract, fraud, consumer protection and other statutory claims by guests and other consumers for alleged injuries sustained at or acts or occurrences related to vacation ownership units or resorts or in relation to guest reservations and bookings; for its exchange & rentals business–breach of contract, fraud and bad faith claims by affiliates and customers in connection with their respective agreements, negligence, breach of contract, fraud, consumer protection and other statutory claims asserted by members, guests and other consumers for alleged injuries sustained at or acts or occurrences related to affiliated resorts and vacation rental properties, or in relation to guest reservations and bookings; and for each of its businesses, bankruptcy proceedings involving efforts to collect receivables from a debtor in bankruptcy, employment matters including but not limited to, claims of wrongful termination, retaliation, discrimination, harassment and wage and hour claims, whistleblower claims, claims of infringement upon third parties’ intellectual property rights, claims relating to information security, privacy and consumer protection, fiduciary duty/trust claims, tax claims, environmental claims and landlord/tenant disputes. The Company records an accrual for legal contingencies when it determines, after consultation with outside counsel, that it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. In making such determinations, the Company evaluates, among other things, the degree of probability of an unfavorable outcome and, when it is probable that a liability has been incurred, the Company’s ability to make a reasonable estimate of loss. The Company reviews these accruals each reporting period and makes revisions based on changes in facts and circumstances including changes to its strategy in dealing with these matters. The Company believes that it has adequately accrued for such matters wit h reserves of $14 million as of March 31, 2019 and December 31, 2018 . Such reserves are exclusive of matters relating to the Company’s separation from Cendant, which is discussed in Note 21— Transactions with Former Parent and Former Subsidiaries . For matters not requiring accrual, the Company believes that such matters will not have a material effect on its results of operations, financial position or cash flows based on information currently available. However, litigation is inherently unpredictable and, although the Company believes that its accruals are adequate and/or that it has valid defenses in these matters, unfavorable results could occur. As such, an adverse outcome from such proceedings for which claims are awarded in excess of the amounts accrued, if any, could be material to the Company with respect to earnings and/or cash flows in any given reporting period. As of March 31, 2019 , the potential exposure resulting from adverse outcomes of such legal proceedings could, in the aggregate, range up to $49 million in excess of recorded accruals. However, the Company does not believe that the impact of such litigation should result in a material liability to the Company in relation to its consolidated financial position and/or liquidity. Other Guarantees and Indemnifications Vacation Ownership The Company has committed to repurchase completed property located in Las Vegas, Nevada from a third-party developer subject to such property meeting the Company’s vacation ownership resort standards and provided that the third-party developer has not sold such property to another party. See Note 8 — Inventory for additional details. For information on guarantees and indemnifications related to the Company’s former parent and subsidiaries see Note 22 — Transactions with Former Parent and Former Subsidiaries .

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss)/Income	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Accumulated Other Comprehensive (Loss)/Income	Accumulated Other Comprehensive (Loss)/Income The components of Accumulated Other Comprehensive (Loss)/Income are as follows: Foreign Unrealized Defined Accumulated Currency (Losses) Benefit Other Translation on Cash Flow Pension Comprehensive Pretax Adjustments Hedges Plans (Loss)/Income Balance, December 31, 2018 $ (147 ) $ (2 ) $ 2 $ (147 ) Other comprehensive income before reclassifications 2 — — 2 Amount reclassified to earnings — 1 — 1 Balance, March 31, 2019 $ (145 ) $ (1 ) $ 2 $ (144 ) Tax Balance, December 31, 2018 (a) $ 94 $ 2 $ (1 ) $ 95 Other comprehensive (loss) before reclassifications — (1 ) — (1 ) Amount reclassified to earnings — — — — Balance, March 31, 2019 $ 94 $ 1 $ (1 ) $ 94 Net of Tax Balance, December 31, 2018 $ (53 ) $ — $ 1 $ (52 ) Other comprehensive (loss)/income before reclassifications 2 (1 ) — 1 Amount reclassified to earnings — 1 — 1 Balance, March 31, 2019 $ (51 ) $ — $ 1 $ (50 ) (a) Includes impact of the Company’s early adoption of new accounting guidance in the fourth quarter of 2018 which allows for the reclassification of the stranded tax effects resulting from the implementation of the Tax Cuts and Jobs Act of 2017. This adoption resulted in an $8 million reclassification of tax benefit from AOCL to Retained Earnings. Foreign Unrealized Defined Accumulated Currency (Losses) Benefit Other Translation on Cash Flow Pension Comprehensive Pretax Adjustments Hedges Plans (Loss)/Income Balance, December 31, 2017 $ (96 ) $ (2 ) $ (5 ) $ (103 ) Other comprehensive (loss)/income 14 (1 ) — 13 Balance, March 31, 2018 $ (82 ) $ (3 ) $ (5 ) $ (90 ) Tax Balance, December 31, 2017 $ 89 $ 2 $ 1 $ 92 Other comprehensive income — — 1 1 Balance, March 31, 2018 $ 89 $ 2 $ 2 $ 93 Net of Tax Balance, December 31, 2017 $ (7 ) $ — $ (4 ) $ (11 ) Other comprehensive (loss)/income 14 (1 ) 1 14 Balance, March 31, 2018 $ 7 $ (1 ) $ (3 ) $ 3 Currency translation adjustments exclude income taxes related to investments in foreign subsidiaries where the Company intends to reinvest the undistributed earnings indefinitely in those foreign operations. Reclassifications out of accumulated other comprehensive (loss)/income are presented in the following table. Amounts in parenthesis indicate debits to the Condensed Consolidated Statements of Income: Three Months Ended March 31, 2019 2018 Unrealized losses on cash flow hedge, net Loss on disposal of discontinued businesses, net of income taxes (1 ) — Net income (1 ) —

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2019
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has a stock-based compensation plan available to grant RSUs, PSUs, SSARs, non-qualified stock options (“NQs”) and other stock-based awards to key employees, non-employee directors, advisors and consultants. The Wyndham Worldwide Corporation 2006 Equity and Incentive Plan was originally adopted in 2006 and was amended and restated in its entirety and approved by shareholders on May 17, 2018 (the “Amended and Restated Equity Incentive Plan”). Under the Amended and Restated Equity Incentive Plan, a maximum of 15.7 million shares of common stock may be awarded. As of March 31, 2019 , 13.7 million shares remain available. Incentive Equity Awards Granted by the Company During the three months ended March 31, 2019 , the Company granted incentive equity awards to key employees and senior officers totaling $25 million in the form of RSUs, $7 million in the form of PSUs and $5 million in the form of stock options. Of these awards, the NQs and majority of RSUs will vest ratably over a period of 4 years , and the PSUs will cliff vest on the third anniversary of the grant date; contingent upon the Company achieving certain performance metrics. The activity related to incentive equity awards granted to the Company’s key employees and senior officers by the Company for the three months ended March 31, 2019 consisted of the following: Balance, December 31, 2018 Granted Vested/Exercised Balance, March 31, 2019 RSUs Number of RSUs 0.9 0.5 — 1.4 (a) Weighted average grant price $ 50.54 $ 44.38 $ — $ 48.09 PSUs Number of PSUs — 0.2 — 0.2 (b) Weighted average grant price $ — $ 44.38 $ — $ 44.38 SSARs Number of SSARs 0.2 — — 0.2 (c) Weighted average grant price $ 34.24 $ — $ — $ 34.24 NQs Number of NQs 0.8 0.6 — 1.4 (d) Weighted average grant price $ 48.71 $ 44.38 $ — $ 46.84 (a) Aggregate unrecognized compensation expense related to RSUs was $54 million as of March 31, 2019 , which is expected to be recognized over a weighted average period of 3.4 years . (b) Maximum aggregate unrecognized compensation expense related to PSUs was $7 million as of March 31, 2019 , which is expected to be recognized over a weighted average period of 3.9 years (c) There were 0.2 million SSARs that were exercisable as of March 31, 2019 . There was no unrecognized compensation expense related to SSARs as of March 31, 2019 as all SSARs were vested. (d) Unrecognized compensation expense for NQs was $10 million as of March 31, 2019 , which is expected to be recognized over a period of 3.5 years . The fair value of stock options granted by the Company during 2019 was estimated on the date of this grant using the Black-Scholes option-pricing model with the relevant weighted average assumptions outlined in the table below. Expected volatility was based on both historical and implied volatilities of the Company’s stock and the stock of comparable companies over the estimated expected life for options. The expected life represents the period of time these awards are expected to be outstanding. The-risk free interest rate is based on yields on U.S. Treasury strips with a maturity similar to the estimated expected life of the options. The projected dividend yield was based on the Company’s anticipated annual dividend divided by the price of the Company’s stock on the date of the grant. Stock Options 2019 Grant date fair value $ 8.98 Grant date strike price $ 44.38 Expected volatility 29.97 % Expected life 6.3 years Risk-free interest rate 2.59 % Stock-Based Compensation Expense The Company recorded stock-based compensation expense of $5 million and $21 million during the three months ended March 31, 2019 and 2018 , respectively, related to incentive equity awards granted to key employees and senior officers. Such stock-based compensation expense included expense related to discontinued operations of $3 million for the three months ended March 31, 2018 . The Company also recorded stock-based compensation expense for non-employee directors which was immaterial for the three months ended March 31, 2019 and $1 million during the three months ended March 31, 2018 . Stock-based compensation expense included $2 million and $5 million of expense for the three months ended March 31, 2019 and 2018 , respectively, which has been classified within separation and related costs in continuing operations. The Company paid $32 million of taxes for the net share settlement of incentive equity awards that vested during the three months ended March 31, 2018 .

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information The Company has two operating segments: Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets and sells VOIs to individual consumers, provides consumer financing in connection with the sale of VOIs and provides property management services at resorts. The Exchange & Rentals segment provides vacation exchange services and products to owners of VOIs and manages and markets vacation rental properties primarily on behalf of independent owners. During 2018, the Company decided to explore strategic alternatives for its North American vacation rentals business, which is currently part of its Exchange & Rentals segment. The assets and liabilities of this business have been classified as held-for-sale. The reportable segments presented below represent the Company’s operating segments for which discrete financial information is available and which are utilized on a regular basis by its chief operating decision maker to assess performance and to allocate resources. In identifying its reportable segments, the Company also considers the nature of services provided by its operating segments. Management uses net revenues and Adjusted EBITDA to assess the performance of the reportable segments. Adjusted EBITDA is defined by the Company as Net income before Depreciation and amortization, Interest expense (excluding Consumer financing interest), Early extinguishment of debt, Interest income (excluding Consumer financing revenues) and Income taxes, each of which is presented on the Condensed Consolidated Statements of Income. Adjusted EBITDA also excludes stock-based compensation costs, separation and restructuring costs, transaction costs, impairments, and items that meet the conditions of unusual and/or infrequent. The Company believes that Adjusted EBITDA is a useful measure of performance for its segments which, when considered with GAAP measures, the Company believes gives a more complete understanding of its operating performance. The Company’s presentation of Adjusted EBITDA may not be comparable to similarly-titled measures used by other companies. Three Months Ended March 31, Net revenues 2019 2018 Vacation Ownership $ 683 $ 661 Exchange & Rentals 236 246 Total reportable segments 919 907 Corporate and other (a) (1 ) — Total Company $ 918 $ 907 Three Months Ended March 31, Reconciliation of Net income to Adjusted EBITDA 2019 2018 Net income attributable to Wyndham Destinations shareholders $ 80 $ 34 Loss from operations of discontinued businesses, net of income taxes — 7 Loss on disposal of discontinued businesses, net of income taxes 1 — Provision for income taxes 31 24 Depreciation and amortization 31 37 Interest expense 41 45 Interest (income) (2 ) (1 ) Separation and related costs (b) 15 30 Restructuring 3 — Legacy items 2 — Stock-based compensation 3 13 Adjusted EBITDA $ 205 $ 189 Three Months Ended March 31, Adjusted EBITDA 2019 2018 Vacation Ownership $ 138 $ 133 Exchange & Rentals 80 79 Total reportable segments 218 212 Corporate and other (a) (13 ) (23 ) Total Company $ 205 $ 189 (a) Includes the elimination of transactions between segments. (b) Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018 . Segment Assets (a) March 31, 2019 December 31, 2018 Vacation Ownership $ 5,559 $ 5,421 Exchange & Rentals 1,390 1,376 Total reportable segments 6,949 6,797 Corporate and other 151 158 Assets held-for-sale 270 203 Total Company $ 7,370 $ 7,158 (a) Excludes investment in consolidated subs.

Restructuring

Restructuring	3 Months Ended
	Mar. 31, 2019
Restructuring Charges [Abstract]
Restructuring	Restructuring 2018 Restructuring Plans During the fourth quarter of 2018, the Company recorded $16 million of charges related to restructuring initiatives, all of which are personnel-related resulting from a reduction of approximately 500 employees. This action was primarily focused on enhancing organizational efficiency and rationalizing operations. The charges consisted of (i) $11 million at the Vacation Ownership segment, (ii) $4 million at the Exchange & Rentals segment, and (iii) $1 million at the Company’s corporate operations. During 2018, the Company reduced its restructuring liability by $4 million of cash payments. During the three months ended March 31, 2019, the Company incurred an additional $2 million and $1 million of restructuring expenses at its corporate operations and Vacation Ownership segment, respectively, and reduced its restructuring liability by $4 million of cash payments . The remaining 2018 restructuring liability of $11 million is expected to be paid by the end of 2020. The Company has additional restructuring plans which were implemented prior to 2018 . The remaining liability of less than $1 million as of March 31, 2019 is related to leased facilities and is expected to be paid by 2020. The activity associated with the Company’s restructuring plans is summarized as follows: Liability as of Liability as of December 31, 2018 Costs Recognized Cash Payments March 31, 2019 Personnel-related $ 12 $ 3 $ (4 ) $ 11 $ 12 $ 3 $ (4 ) $ 11

Transactions with Former Parent

Transactions with Former Parent and Former Subsidiaries	3 Months Ended
	Mar. 31, 2019
Related Party Transaction, Due from (to) Related Party [Abstract]
Transactions with Former Parent and Former Subsidiaries	Transactions with Former Parent and Former Subsidiaries Matters Related to Cendant Pursuant to the Cendant Separation and Distribution Agreement, the Company entered into certain guarantee commitments with Cendant and Cendant’s former subsidiary, Realogy. These guarantee arrangements primarily relate to certain contingent litigation liabilities, contingent tax liabilities, and Cendant contingent and other corporate liabilities, of which Wyndham Worldwide Corporation (“Wyndham Worldwide”) assumed 37.5% of the responsibility while Cendant’s former subsidiary, Realogy, is responsible for the remaining 62.5% . As a result of the Wyndham Worldwide separation, Wyndham Hotels agreed to retain one-third of Cendant’s contingent and other corporate liabilities and associated costs; therefore, Wyndham Destinations is effectively responsible for 25% of such matters subsequent to the separation. Since Cendant’s separation, Cendant settled the majority of the lawsuits pending on the date of the separation. As of March 31, 2019 , the Cendant separation and related liabilities of $14 million are comprised of $12 million for tax liabilities and $2 million for other contingent and corporate liabilities. These liabilities were recorded within Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. As of December 31, 2018 , the Company had $18 million of Cendant separation-related liabilities, which were recorded within Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. Matters Related to Wyndham Hotels In connection with the spin-off of the hotel business on May 31, 2018, Wyndham Destinations entered into several agreements with Wyndham Hotels that govern the relationship of the parties following the distribution including the Separation and Distribution Agreement, the Employee Matters Agreements, the Tax Matters Agreement, the Transition Services Agreement and the License, Development and Noncompetition Agreement. In accordance with these agreements, Wyndham Destinations assumed two-thirds and Wyndham Hotels assumed one-third of certain contingent corporate liabilities of the Company incurred prior to the distribution, including liabilities of the Company related to certain terminated or divested businesses, certain general corporate matters, and any actions with respect to the separation plan. Likewise, Wyndham Destinations is entitled to receive two-thirds and Wyndham Hotels is entitled to receive one-third of the proceeds from certain contingent corporate assets of the Company arising or accrued prior to the distribution. Wyndham Destinations entered into a transition service agreement with Wyndham Hotels, pursuant to which the companies agreed to provide each other certain transitional services including human resources, facilities, payroll, tax, information technology, information management and related services, treasury, finance, sourcing, and employee benefits administration on an interim, transitional basis. During the three months ended March 31, 2019 , transition service agreement expenses were $2 million and transition service agreement income was $1 million . These amounts were included in General and administrative expense and Other Revenue, respectively. Matters Related to the European Vacation Rentals Business In connection with the sale of the Company’s European vacation rentals business, the Company and Wyndham Hotels agreed to certain post-closing credit support for the benefit of certain credit card service providers, a British travel association, and certain regulatory authorities to allow them to continue providing services or regulatory approval to the business. Such post-closing credit support included a guarantee of up to $180 million through June 30, 2019, which has an estimated fair value of $2 million . Such post-closing credit support may be called if the business fails to meet its primary obligation to pay amounts when due. Compass IV Limited, an affiliate of Platinum Equity, LLC (“Buyer”) has provided an indemnification to Wyndham Destinations in the event that the post-closing credit support (other than the guarantee by Wyndham Destinations of up to $180 million ) is enforced or called upon. At closing, the Company agreed to provide additional post-closing credit support to a British travel association and regulatory authority. An escrow was established at closing, of which $46 million was subsequently released in exchange for a secured bonding facility and a perpetual guarantee of $46 million . The estimated fair value of the guarantee was $22 million as of March 31, 2019 . The Company established a $7 million receivable from Wyndham Hotels for its portion of the guarantee. In January 2019, the Company reached an agreement with the Buyer on certain post-closing adjustments, resulting in a reduction of proceeds by $27 million . In accordance with the separation agreement, the Company and Wyndham Hotels agreed to share two–thirds and one–third, respectively, in the European vacation rentals business' final net proceeds (as defined by the sales agreement), adjusted for certain items including the return of the escrow, post–closing adjustments, transaction expenses and estimated taxes. The Company estimated the net payable due to Wyndham Hotels to be approximately $40 million and expects to finalize this estimate and pay it in the second quarter of 2019. In connection with these estimated final adjustments, in 2018 the Company recorded a $40 million liability and reduced retained earnings accordingly. The Company also deposited $5 million into an escrow account, which will be returned to the Company on May 9, 2019, if the gross limit of the Barclays Bank PLC (“Barclays”) pound sterling cash pooling arrangement with the Buyer remains at least £10 million and security is not demanded by Barclays. If any further security is demanded by Barclays, the Company must pay an additional £1 million into the escrow account. In addition, the Company agreed to indemnify the Buyer against certain claims and assessments, including income tax, value-added tax and other tax matters, related to the operations of the European vacation rentals business for the periods prior to the transaction. The estimated fair value of the indemnifications total $43 million at March 31, 2019 . The Company established a $14 million receivable from Wyndham Hotels for its portion of the guarantee. Wyndham Hotels provided certain post-closing credit support primarily for the benefit of a British travel association in the form of guarantees which are primarily denominated in Pound sterling of up to an approximate $81 million on a perpetual basis. The estimated fair value of such guarantees was $39 million at March 31, 2019 . Wyndham Destinations is responsible for two-thirds of these guarantees. Wyndham Hotels is required to maintain minimum credit ratings of Ba2 for Moody’s Investors Service and BB for Standard & Poor’s Rating Services. If Wyndham Hotels drops below these minimum credit ratings, Wyndham Destinations would be required to post a letter of credit (or equivalent support) for the amount of the Wyndham Hotels guarantee. The estimated fair value of the guarantees and indemnifications for which Wyndham Destinations is responsible related to the sale of the European vacation rentals business, including the two-thirds portion related to guarantees provided by Wyndham Hotels, totaled $96 million and was recorded in Accrued expenses and other liabilities at March 31, 2019 . Total receivables of $23 million were included in Other assets at March 31, 2019 representing the portion of these guarantees and indemnifications for which Wyndham Hotels is responsible. Wyndham Destinations entered into a transition service agreement with the European vacation business, pursuant to which the companies agreed to provide each other certain transitional services including human resources, facilities, payroll, tax, information technology, information management and related services, treasury, finance, and sourcing on an interim, transitional basis. During the three months ended March 31, 2019 , transition service agreement expenses were $1 million and transition service agreement income was $1 million . These amounts were included in General and administrative expense and Other Revenue, respectively. Related Party Transactions In March 2019, the Company entered into an agreement with a former executive of the Company whereby the former executive through an SPE would develop and construct VOI inventory located in Orlando, FL. Subject to the property meeting the Company’s vacation ownership resort standards and provided that the property has not been sold to another party, the maximum potential future payments that the Company may be required to make under this commitment is $45 million .

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2019
Related Party Transaction [Line Items]
Related Party Transactions	Transactions with Former Parent and Former Subsidiaries Matters Related to Cendant Pursuant to the Cendant Separation and Distribution Agreement, the Company entered into certain guarantee commitments with Cendant and Cendant’s former subsidiary, Realogy. These guarantee arrangements primarily relate to certain contingent litigation liabilities, contingent tax liabilities, and Cendant contingent and other corporate liabilities, of which Wyndham Worldwide Corporation (“Wyndham Worldwide”) assumed 37.5% of the responsibility while Cendant’s former subsidiary, Realogy, is responsible for the remaining 62.5% . As a result of the Wyndham Worldwide separation, Wyndham Hotels agreed to retain one-third of Cendant’s contingent and other corporate liabilities and associated costs; therefore, Wyndham Destinations is effectively responsible for 25% of such matters subsequent to the separation. Since Cendant’s separation, Cendant settled the majority of the lawsuits pending on the date of the separation. As of March 31, 2019 , the Cendant separation and related liabilities of $14 million are comprised of $12 million for tax liabilities and $2 million for other contingent and corporate liabilities. These liabilities were recorded within Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. As of December 31, 2018 , the Company had $18 million of Cendant separation-related liabilities, which were recorded within Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. Matters Related to Wyndham Hotels In connection with the spin-off of the hotel business on May 31, 2018, Wyndham Destinations entered into several agreements with Wyndham Hotels that govern the relationship of the parties following the distribution including the Separation and Distribution Agreement, the Employee Matters Agreements, the Tax Matters Agreement, the Transition Services Agreement and the License, Development and Noncompetition Agreement. In accordance with these agreements, Wyndham Destinations assumed two-thirds and Wyndham Hotels assumed one-third of certain contingent corporate liabilities of the Company incurred prior to the distribution, including liabilities of the Company related to certain terminated or divested businesses, certain general corporate matters, and any actions with respect to the separation plan. Likewise, Wyndham Destinations is entitled to receive two-thirds and Wyndham Hotels is entitled to receive one-third of the proceeds from certain contingent corporate assets of the Company arising or accrued prior to the distribution. Wyndham Destinations entered into a transition service agreement with Wyndham Hotels, pursuant to which the companies agreed to provide each other certain transitional services including human resources, facilities, payroll, tax, information technology, information management and related services, treasury, finance, sourcing, and employee benefits administration on an interim, transitional basis. During the three months ended March 31, 2019 , transition service agreement expenses were $2 million and transition service agreement income was $1 million . These amounts were included in General and administrative expense and Other Revenue, respectively. Matters Related to the European Vacation Rentals Business In connection with the sale of the Company’s European vacation rentals business, the Company and Wyndham Hotels agreed to certain post-closing credit support for the benefit of certain credit card service providers, a British travel association, and certain regulatory authorities to allow them to continue providing services or regulatory approval to the business. Such post-closing credit support included a guarantee of up to $180 million through June 30, 2019, which has an estimated fair value of $2 million . Such post-closing credit support may be called if the business fails to meet its primary obligation to pay amounts when due. Compass IV Limited, an affiliate of Platinum Equity, LLC (“Buyer”) has provided an indemnification to Wyndham Destinations in the event that the post-closing credit support (other than the guarantee by Wyndham Destinations of up to $180 million ) is enforced or called upon. At closing, the Company agreed to provide additional post-closing credit support to a British travel association and regulatory authority. An escrow was established at closing, of which $46 million was subsequently released in exchange for a secured bonding facility and a perpetual guarantee of $46 million . The estimated fair value of the guarantee was $22 million as of March 31, 2019 . The Company established a $7 million receivable from Wyndham Hotels for its portion of the guarantee. In January 2019, the Company reached an agreement with the Buyer on certain post-closing adjustments, resulting in a reduction of proceeds by $27 million . In accordance with the separation agreement, the Company and Wyndham Hotels agreed to share two–thirds and one–third, respectively, in the European vacation rentals business' final net proceeds (as defined by the sales agreement), adjusted for certain items including the return of the escrow, post–closing adjustments, transaction expenses and estimated taxes. The Company estimated the net payable due to Wyndham Hotels to be approximately $40 million and expects to finalize this estimate and pay it in the second quarter of 2019. In connection with these estimated final adjustments, in 2018 the Company recorded a $40 million liability and reduced retained earnings accordingly. The Company also deposited $5 million into an escrow account, which will be returned to the Company on May 9, 2019, if the gross limit of the Barclays Bank PLC (“Barclays”) pound sterling cash pooling arrangement with the Buyer remains at least £10 million and security is not demanded by Barclays. If any further security is demanded by Barclays, the Company must pay an additional £1 million into the escrow account. In addition, the Company agreed to indemnify the Buyer against certain claims and assessments, including income tax, value-added tax and other tax matters, related to the operations of the European vacation rentals business for the periods prior to the transaction. The estimated fair value of the indemnifications total $43 million at March 31, 2019 . The Company established a $14 million receivable from Wyndham Hotels for its portion of the guarantee. Wyndham Hotels provided certain post-closing credit support primarily for the benefit of a British travel association in the form of guarantees which are primarily denominated in Pound sterling of up to an approximate $81 million on a perpetual basis. The estimated fair value of such guarantees was $39 million at March 31, 2019 . Wyndham Destinations is responsible for two-thirds of these guarantees. Wyndham Hotels is required to maintain minimum credit ratings of Ba2 for Moody’s Investors Service and BB for Standard & Poor’s Rating Services. If Wyndham Hotels drops below these minimum credit ratings, Wyndham Destinations would be required to post a letter of credit (or equivalent support) for the amount of the Wyndham Hotels guarantee. The estimated fair value of the guarantees and indemnifications for which Wyndham Destinations is responsible related to the sale of the European vacation rentals business, including the two-thirds portion related to guarantees provided by Wyndham Hotels, totaled $96 million and was recorded in Accrued expenses and other liabilities at March 31, 2019 . Total receivables of $23 million were included in Other assets at March 31, 2019 representing the portion of these guarantees and indemnifications for which Wyndham Hotels is responsible. Wyndham Destinations entered into a transition service agreement with the European vacation business, pursuant to which the companies agreed to provide each other certain transitional services including human resources, facilities, payroll, tax, information technology, information management and related services, treasury, finance, and sourcing on an interim, transitional basis. During the three months ended March 31, 2019 , transition service agreement expenses were $1 million and transition service agreement income was $1 million . These amounts were included in General and administrative expense and Other Revenue, respectively. Related Party Transactions In March 2019, the Company entered into an agreement with a former executive of the Company whereby the former executive through an SPE would develop and construct VOI inventory located in Orlando, FL. Subject to the property meeting the Company’s vacation ownership resort standards and provided that the property has not been sold to another party, the maximum potential future payments that the Company may be required to make under this commitment is $45 million .

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Sierra Timeshare Conduit Renewal On April 24, 2019, the Company renewed its $800 million securitized timeshare receivables conduit facility, extending the end of the commitment period from April 6, 2020 to August 30, 2021.

New Accounting Pronouncements N

New Accounting Pronouncements New Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2019
Accounting Changes and Error Corrections [Abstract]
Background and Basis of Presentation	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements in this Quarterly Report on Form 10-Q include the accounts and transactions of Wyndham Destinations, as well as the entities in which Wyndham Destinations directly or indirectly has a controlling financial interest. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S.”). All intercompany balances and transactions have been eliminated in the Condensed Consolidated Financial Statements. In addition, certain prior period amounts have been reclassified to comply with newly adopted accounting standards. See further detail in Note 2 — New Accounting Pronouncements . In presenting the Condensed Consolidated Financial Statements, management makes estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosures. Estimates, by their nature, are based on judgment and available information. Accordingly, actual results could differ from those estimates. In management’s opinion, the Condensed Consolidated Financial Statements contain all normal recurring adjustments necessary for a fair presentation of interim results reported. The results of operations reported for interim periods are not necessarily indicative of the results of operations for the entire year or any subsequent interim period. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2018 Consolidated Financial Statements included in its Annual Report filed on Form 10-K with the Securities and Exchange Commission on February 26, 2019 .
Recently Issued and Adopted Accounting Pronouncements	Recently Issued Accounting Pronouncements Financial Instruments - Credit Losses . In June 2016, the Financial Accounting Standards Board (“FASB”) issued guidance which amends the guidance on measuring credit losses on financial assets held at amortized cost. The guidance requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This guidance is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently evaluating the impact of the adoption of this guidance on its financial statements and related disclosures. Simplifying the Test for Goodwill Impairment . In January 2017, the FASB issued guidance which simplifies the current two-step goodwill impairment test by eliminating Step 2 of the test. The guidance requires a one-step impairment test in which an entity compares the fair value of a reporting unit with its carrying amount and recognizes an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, if any. This guidance is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years, and should be applied on a prospective basis. Early adoption is permitted for the interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company is currently evaluating the impact of the adoption of this guidance on its financial statements and related disclosures. Recently Adopted Accounting Pronouncements Leases. In February 2016, the FASB issued guidance for lease accounting. The guidance requires a lessee to recognize right-of-use assets and lease liabilities on the balance sheet for all lease obligations and disclose key information about leasing arrangements, such as the amount, timing, and uncertainty of cash flows arising from leases. The Company adopted this standard using the modified retrospective approach; therefore, the Company used the transition method practical expedient under ASU 2018-11 and prior year financial statements were not recast. As a result of the adoption, on January 1, 2019 the Company recognized $158 million of right-of-use assets and $200 million of related lease liabilities. Right-of-use assets were decreased by $42 million of tenant improvement allowances and deferred rent balances reclassified from other liabilities. Both the right-of-use assets and related lease liabilities recognized upon adoption included $21 million associated with the Company’s held-for-sale business. Right-of-use assets are included within Other assets and the related lease liabilities are included within Accrued and other liabilities on the balance sheet. The adoption of this standard did not have a material impact to the income statement related to existing leases; therefore a cumulative-effect adjustment was not recorded. The adoption of this standard did not materially impact consolidated net income, liquidity or compliance with our debt covenants under our current agreements. See Note 15 — Leases for more information. Implementation Costs in Cloud Computing Arrangements. In August 2018, the FASB issued guidance on implementation costs incurred in a cloud computing arrangement that is a service contract. This guidance aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the guidance on capitalizing costs associated with developing or obtaining internal-use software and also adds certain disclosure requirements related to implementation costs incurred for internal-use software and cloud computing arrangements. This guidance is effective for fiscal years beginning after December 15, 2019 and for interim periods within those fiscal years, with early adoption permitted. The Company early adopted this guidance as of January 1, 2019 on a prospective basis. The adoption of this guidance did not have a material impact on the Company’s financial statements and related disclosures. Stock Compensation - Improvements to Nonemployee Share-Based Payment Accounting. In June 2018, the FASB issued guidance intended to simplify nonemployee share-based payment accounting. This new guidance more closely aligns the accounting for share-based payment awards issued to employees and nonemployees. The Company adopted this guidance as of January 1, 2019 with no material impact to its Condensed Consolidated Financial Statements and related disclosures.

Variable Interest Entities Vari

Variable Interest Entities Variable Interest Entities Policies (Policies)	3 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principals of consolidation	In accordance with the applicable accounting guidance for the consolidation of a variable interest entity (“VIE”), the Company analyzes its variable interests, including loans, guarantees, special purpose entities (“SPEs”) and equity investments, to determine if an entity in which the Company has a variable interest is a VIE. If the entity is considered to be a VIE, the Company determines whether it would be considered the entity’s primary beneficiary. The Company consolidates into its financial statements those VIEs for which it has determined that it is the primary beneficiary.

Leases (Policies)

Leases (Policies)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lessee, Leases [Policy Text Block]	We lease property and equipment under finance and operating leases for our corporate headquarters, administrative functions, marketing and sales offices, and various other facilities and equipment. For leases with terms greater than 12 months, we record the related asset and obligation at the present value of lease payments over the term. Many of our leases include rental escalation clauses, lease incentives, renewal options and/or termination options that are factored into our determination of lease payments. The Company elected the hindsight practical expedient to determine the reasonably certain lease term for existing leases. The Company also made an accounting policy election to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments on a straight-line basis over the lease term in the income statement. When available, we use the rate implicit in the lease to discount lease payments to present value; however, most of our leases do not provide a readily determinable implicit rate. Therefore, we must estimate our incremental borrowing rate to discount the lease payments based on information available at lease commencement. Our leases have remaining lease terms of one to 20 years, some of which include options to extend the leases for up to five years, and some of which include options to terminate the leases within one year.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Contract Liabilities	Contract liabilities as of March 31, 2019 and December 31, 2018 are as follows: Contract Liabilities (a) March 31, 2019 December 31, 2018 Deferred subscription revenue $ 227 $ 220 Deferred VOI trial package revenue 130 125 Deferred VOI incentive revenue 99 96 Deferred exchange-related revenue (b) 58 56 Deferred co-branded credit card programs revenue 22 14 Deferred other revenue 16 8 Total $ 552 $ 519 (a) There is $58 million and $42 million of deferred vacation rental revenue included in Liabilities of held-for-sale business on the Condensed Consolidated Balance Sheets for 2019 and 2018 , respectively. (b) Balance includes contractual liabilities to accommodate members for cancellations initiated by the Company due to unexpected events. These amounts are included within Accrued expenses and other liabilities on the Consolidated Balance Sheet.
Contract with customer liability rollforward [Table Text Block]	Changes in contract liabilities for the three months ended March 31, 2019 follow: Amount Contract liabilities as of December 31, 2018 $ 519 Additions 125 Revenue recognized (92 ) Contract liabilities as of March 31, 2019 $ 552
Schedule of Performance Obligations	The following table summarizes the Company’s remaining performance obligations for the twelve month periods set forth below: 4/1/2019 - 3/31/2020 4/1/2020 - 3/31/2021 4/1/2021 - 3/31/2022 Thereafter Total Subscription revenue $ 125 $ 54 $ 25 $ 23 $ 227 VOI trial package revenue 130 — — — 130 VOI incentive revenue 99 — — — 99 Exchange-related revenue 52 4 1 1 58 Co-branded credit card programs revenue 5 4 5 8 22 Other revenue 16 — — — 16 Total $ 427 $ 62 $ 31 $ 32 $ 552
Schedule of Disaggregation of Net Revenues	The table below presents a disaggregation of the Company’s net revenues from contracts with customers by major services and products for each of the Company’s segments: Three Months Ended March 31, 2019 2018 Vacation Ownership Vacation ownership interest sales $ 375 $ 358 Property management fees and reimbursable revenues 170 164 Consumer financing 125 118 Fee-for-Service commissions — 10 Ancillary revenues 13 11 Total Vacation Ownership 683 661 Exchange & Rentals Exchange revenues 180 188 Vacation rental revenues 38 38 Ancillary revenues 18 20 Total Exchange & Rentals 236 246 Corporate and other Eliminations (1 ) — Net revenues $ 918 $ 907

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share Reconciliation [Abstract]
Computation Of Basic And Diluted EPS	The following table sets forth the computation of basic and diluted EPS (in millions, except per share data): Three Months Ended March 31, 2019 2018 Income from continuing operations attributable to Wyndham Destinations shareholders $ 81 $ 41 Loss from operations of discontinued businesses attributable to Wyndham Destinations shareholders, net of tax — (7 ) Loss on disposal of discontinued businesses attributable to Wyndham Destinations shareholders, net of tax (1 ) — Net income attributable to Wyndham Destinations shareholders $ 80 $ 34 Basic earnings per share Continuing operations $ 0.86 $ 0.41 Discontinued operations (0.01 ) (0.07 ) $ 0.85 $ 0.34 Diluted earnings per share Continuing operations $ 0.85 $ 0.41 Discontinued operations — (0.07 ) $ 0.85 $ 0.34 Basic weighted average shares outstanding 94.4 100.1 Stock-settled appreciation rights (“SSARs”), RSUs (a) and PSUs (b) 0.3 0.7 Diluted weighted average shares outstanding (c)(d) 94.7 100.8 Dividends: Aggregate dividends paid to shareholders $ 42 $ 70 (a) Excludes 0.7 million restricted stock units (“RSUs”) that would have been anti-dilutive to EPS for the three months ended March 31, 2019 , but could potentially dilute basic earnings per share in the future. The number of anti-dilutive RSUs for the three months ended March 31, 2018 was immaterial. Includes unvested dilutive RSUs which are subject to future forfeiture. (b) Excludes 0.2 million and 0.5 million performance-vested stock units (“PSUs”) for the three months ended March 31, 2019 and 2018 , respectively, as the Company has not met the required performance metrics. These PSUs could potentially dilute basic earnings per share in the future. (c) Excludes 0.9 million outstanding stock awards that would have been anti-dilutive to EPS for the three months ended March 31, 2019 , but could potentially dilute basic earnings per share in the future. (d) The dilutive impact of the Company’s potential common stock is computed utilizing the treasury stock method using average market prices during the period.
Current Stock Repurchase Program	The following table summarizes stock repurchase activity under the current stock repurchase program: Shares Repurchased Cost As of December 31, 2018 100.6 $ 5,262 Repurchases 1.4 60 As of March 31, 2019 102.0 $ 5,322

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations	The following table presents information regarding certain components of income from discontinued operations, net of income taxes for the three months ended : March 31, 2019 2018 Net revenues $ — $ 409 Expenses: Operating — 191 Marketing — 114 General and administrative — 44 Separation and related costs — 32 Depreciation and amortization — 34 Total expenses — 415 Other (income), net — (1 ) Interest (income) — (1 ) Provision for income taxes — 3 Loss from operations of discontinued businesses, net of income taxes — (7 ) Loss on disposal of discontinued businesses, net of income taxes (1 ) — Loss on discontinued operations, net of income taxes $ (1 ) $ (7 ) The following table presents information regarding certain components of cash flows from discontinued operations for the three months ended: March 31, 2019 March 31, 2018 Cash flows provided by operating activities $ — $ 156 Cash flows used in investing activities (27 ) (8 ) Cash flows used in financing activities — (6 ) Non-cash items: Depreciation and amortization — 34 Stock-based compensation — 3 Deferred income taxes — (12 ) Property and equipment additions — (20 )

Vacation Ownership Contract R_2

Vacation Ownership Contract Receivables (Tables)	3 Months Ended
	Mar. 31, 2019
Vacation Ownership Contract Receivables [Abstract]
Current And Long-Term Vacation Ownership Contract Receivables	The Company generates vacation ownership contract receivables by extending financing to the purchasers of its VOIs. Vacation ownership contract receivables, net consisted of: March 31, December 31, Vacation ownership contract receivables: Securitized $ 2,913 $ 2,883 Non-securitized 828 888 Vacation ownership contract receivables, gross 3,741 3,771 Less: Allowance for loan losses 721 734 Vacation ownership contract receivables, net $ 3,020 $ 3,037
Allowance For Loan Losses On Vacation Ownership Contract Receivables	The activity in the allowance for loan losses on vacation ownership contract receivables was as follows: Amount Allowance for loan losses as of December 31, 2018 $ 734 Provision for loan losses 109 Contract receivables write-offs, net (122 ) Allowance for loan losses as of March 31, 2019 $ 721 Amount Allowance for loan losses as of December 31, 2017 $ 691 Provision for loan losses 92 Contract receivables write-offs, net (98 ) Allowance for loan losses as of March 31, 2018 $ 685
Summary Of The Aged Analysis Of Financing Receivables Using The Most Recently Updated FICO Scores	The following table details an aging analysis of financing receivables using the most recently updated FICO scores (based on the policy described above): As of March 31, 2019 700+ 600-699 <600 No Score Asia Pacific Total Current $ 1,963 $ 1,032 $ 189 $ 137 $ 251 $ 3,572 31 - 60 days 21 30 16 5 2 74 61 - 90 days 14 19 14 3 1 51 91 - 120 days 11 16 15 2 — 44 Total $ 2,009 $ 1,097 $ 234 $ 147 $ 254 $ 3,741 As of December 31, 2018 700+ 600-699 <600 No Score Asia Pacific Total Current $ 1,996 $ 1,041 $ 166 $ 135 $ 246 $ 3,584 31 - 60 days 22 35 18 6 2 83 61 - 90 days 15 22 13 3 1 54 91 - 120 days 12 17 16 4 1 50 Total $ 2,045 $ 1,115 $ 213 $ 148 $ 250 $ 3,771

Inventory (Tables)

Inventory (Tables)	3 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Inventory	Inventory consisted of: March 31, December 31, Land held for VOI development $ 4 $ 4 VOI construction in process 50 45 Inventory sold subject to repurchase 33 33 Completed VOI inventory 787 797 Estimated VOI recoveries 278 286 Exchange & Rentals vacation credits and other 61 59 Total inventory $ 1,213 $ 1,224
Activity Related to Inventory Obligations	The following table summarizes the activity related to the Company’s inventory obligations: Avon Las Vegas Austin Total December 31, 2017 $ 22 $ 60 $ 62 $ 144 Purchases — — — — Payments (11 ) (16 ) — (27 ) March 31, 2018 $ 11 $ 44 $ 62 $ 117 December 31, 2018 $ 11 $ 52 $ 31 $ 94 Purchases — — 1 1 Payments (11 ) (18 ) — (29 ) March 31, 2019 $ — $ 34 $ 32 $ 66 Reported in December 2018: Accrued expenses and other liabilities $ 11 $ 52 $ 31 $ 94 Total inventory obligations $ 11 $ 52 $ 31 $ 94 Reported in March 2019: Accrued expenses and other liabilities $ — $ 34 $ 32 $ 66 Total inventory obligations $ — $ 34 $ 32 $ 66

Property and equipment (Tables)

Property and equipment (Tables)	3 Months Ended
	Mar. 31, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment, net, consisted of: March 31, 2019 December 31, 2018 Land $ 32 $ 30 Building and leasehold improvements 616 588 Furniture, fixtures and equipment 238 250 Capitalized software 611 604 Finance leases 10 12 Construction in progress 56 81 Total property and equipment 1,563 1,565 Less: Accumulated depreciation and amortization 843 853 Net property and equipment $ 720 $ 712

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The Company’s indebtedness consisted of: March 31, December 31, Non-recourse vacation ownership debt : (a) Term notes (b) $ 2,002 $ 1,839 $800 million bank conduit facility (due April 2020) (c) 452 518 Total $ 2,454 $ 2,357 Debt : (d) $1.0 billion secured revolving credit facility (due May 2023) (e) $ 161 $ 181 $300 million secured term loan B (due May 2025) 295 296 $40 million 7.375% secured notes (due March 2020) 40 40 $250 million 5.625% secured notes (due March 2021) 249 249 $650 million 4.25% secured notes (due March 2022) (f) 649 649 $400 million 3.90% secured notes (due March 2023) (g) 404 405 $300 million 5.40% secured notes (due April 2024) 298 297 $350 million 6.35% secured notes (due October 2025) (h) 341 341 $400 million 5.75% secured notes (due April 2027) (i) 397 388 Finance leases 3 3 Other — 32 Total $ 2,837 $ 2,881 (a) Represents non-recourse debt that is securitized through bankruptcy-remote special purpose entities, the creditors of which have no recourse to the Company for principal and interest. These outstanding borrowings (which legally are not liabilities of the Company) are collateralized by $3.09 billion and $3.03 billion of underlying gross vacation ownership contract receivables and related assets (which legally are not assets of the Company) as of March 31, 2019 and December 31, 2018 , respectively. (b) The carrying amounts of the term notes are net of debt issuance costs aggregating $24 million and $21 million as of March 31, 2019 and December 31, 2018 , respectively. (c) The Company has borrowing capability under the Sierra Receivable Funding Conduit II 2008-A facility through April 2020. Borrowings under this facility are required to be repaid as the collateralized receivables amortize but no later than May 2021. (d) The carrying amounts of the secured notes and term loan are net of unamortized discounts of $10 million and $11 million as of March 31, 2019 and December 31, 2018 , respectively, and net of unamortized debt financing costs of $6 million as of March 31, 2019 and December 31, 2018 , respectively. (e) As of March 31, 2019 , the weighted average interest rate on borrowings from this facility was 6.09% . (f) Includes $1 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (g) Includes $6 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (h) Includes $7 million of unamortized losses from the settlement of a derivative as of March 31, 2019 and December 31, 2018 . (i) Includes a $1 million increase and $8 million decrease in the carrying value resulting from a fair value hedge derivative as of March 31, 2019 and December 31, 2018 , respectively. As of March 31, 2019 , the variable interest rate on the notional portion of these notes was 4.66% , and the effective rate was 5.91% .
Summary Of Outstanding Debt Maturities	The Company’s outstanding debt as of March 31, 2019 matures as follows: Non-recourse Vacation Ownership Debt Debt Total Within 1 year $ 207 $ 44 $ 251 Between 1 and 2 years 210 253 463 Between 2 and 3 years 604 652 1,256 Between 3 and 4 years 221 407 628 Between 4 and 5 years 235 164 399 Thereafter 977 1,317 2,294 $ 2,454 $ 2,837 $ 5,291
Summary Of Available Capacity Under Borrowing Arrangements	As of March 31, 2019 , available capacity under the Company’s borrowing arrangements was as follows: Non-recourse Conduit Facilities (a) Revolving Credit Facilities (b) Total capacity $ 800 $ 1,000 Less: Outstanding borrowings 452 161 Less: Letters of credit — 24 Available capacity $ 348 $ 815 (a) Consists of the Company’s Sierra Receivable Funding Conduit II 2008-A facility. The capacity of this facility is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings. (b) Consists of the Company’s $1.0 billion revolving credit facility.

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2019
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Assets and Liabilities of SPEs	The assets and liabilities of the Saint Thomas Property SPE are as follows: December 31, Property and equipment, net 23 Total SPE assets 23 Debt (a) 32 Total SPE liabilities 32 SPE equity (deficit) $ (9 ) (a) Included $32 million relating to mortgage notes, which were included in Debt on the Condensed Consolidated Balance Sheets as of December 31, 2018 . The assets and liabilities of these vacation ownership SPEs are as follows: March 31, December 31, Securitized contract receivables, gross (a) $ 2,913 $ 2,883 Securitized restricted cash (b) 153 120 Interest receivables on securitized contract receivables (c) 24 23 Other assets (d) 2 3 Total SPE assets 3,092 3,029 Non-recourse term notes (e) (f) 2,002 1,839 Non-recourse conduit facilities (e) 452 518 Other liabilities (g) 7 3 Total SPE liabilities 2,461 2,360 SPE assets in excess of SPE liabilities $ 631 $ 669 (a) Included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets. (b) Included in Restricted cash on the Condensed Consolidated Balance Sheets. (c) Included in Trade receivables, net on the Condensed Consolidated Balance Sheets. (d) Primarily includes deferred financing costs for the bank conduit facility and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets. (e) Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets. (f) Includes deferred financing costs of $24 million and $21 million as of March 31, 2019 and December 31, 2018 , respectively, related to non-recourse debt. (g) Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.
Summary Of Total Vacation Ownership Receivables And Other Securitized Assets, Net Of Securitized Liabilities And Allowance For Loan Losses	A summary of total vacation ownership contract receivables and other securitized assets, net of non-recourse liabilities and the allowance for loan losses, is as follows: March 31, December 31, SPE assets in excess of SPE liabilities $ 631 $ 669 Non-securitized contract receivables 828 888 Less: Allowance for loan losses 721 734 Total, net $ 738 $ 823

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2019
Fair Value Disclosures [Abstract]
Carrying Amounts and Estimated Fair Values of Financial Instruments	The carrying amounts and estimated fair values of all other financial instruments are as follows: March 31, 2019 December 31, 2018 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets Vacation ownership contract receivables, net $ 3,020 $ 3,651 $ 3,037 $ 3,662 Debt Total debt $ 5,291 $ 5,326 $ 5,238 $ 4,604

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lease, Cost [Table Text Block]	The table below presents certain information related to the lease costs for finance and operating leases: Three Months Ended March 31, 2019 Operating lease cost $ 9 Short-term lease cost $ 5 Finance lease cost: Amortization of right-of-use assets — Interest on lease liabilities — Total finance lease cost $ —
Leases, Cash Flow Presentation [Table Text Block]	The table below presents supplemental cash flow information related to leases: Three Months Ended March 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 10 Operating cash flows from finance leases $ — Financing cash flows from finance leases $ — Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 4 Finance leases $ —
Leases, Assets and Liabilities [Table Text Block]	The table below presents the lease-related assets and liabilities recorded on the balance sheet: Balance Sheet Classification March 31, 2019 Operating Leases: Operating lease right-of-use assets Other assets $ 131 Operating lease liabilities Accrued expenses and other liabilities $ 171 Finance Leases: Finance lease assets (a) Property and equipment, net $ 3 Finance lease liabilities Debt $ 3 Weighted Average Remaining Lease Term: Operating leases 9.5 years Finance leases 2.4 years Weighted Average Discount Rate: Operating leases (b) 6.8 % Finance leases 4.2 % (a) Presented net of accumulated depreciation. (b) Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019.
Leases, Liability Maturity [Table Text Block]	The table below presents maturities of lease liabilities as of March 31, 2019: Operating Leases Finance Leases Nine months ending December 31, 2019 $ 29 $ 1 2020 32 1 2021 27 1 2022 24 — 2023 22 — Thereafter 99 — Total minimum lease payments 233 3 Less: Amount of lease payments representing interest (62 ) — Present value of future minimum lease payments $ 171 $ 3
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The table below presents future minimum lease payments required under non-cancelable operating leases as reported in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February 26, 2019: December 31, 2018 2019 $ 34 2020 30 2021 26 2022 24 2023 22 Thereafter 99 Future minimum lease payments $ 235

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss)/Income (Tables)	3 Months Ended
	Mar. 31, 2019
Equity [Abstract]
Components Of Accumulated Other Comprehensive (Loss)/Income	The components of Accumulated Other Comprehensive (Loss)/Income are as follows: Foreign Unrealized Defined Accumulated Currency (Losses) Benefit Other Translation on Cash Flow Pension Comprehensive Pretax Adjustments Hedges Plans (Loss)/Income Balance, December 31, 2018 $ (147 ) $ (2 ) $ 2 $ (147 ) Other comprehensive income before reclassifications 2 — — 2 Amount reclassified to earnings — 1 — 1 Balance, March 31, 2019 $ (145 ) $ (1 ) $ 2 $ (144 ) Tax Balance, December 31, 2018 (a) $ 94 $ 2 $ (1 ) $ 95 Other comprehensive (loss) before reclassifications — (1 ) — (1 ) Amount reclassified to earnings — — — — Balance, March 31, 2019 $ 94 $ 1 $ (1 ) $ 94 Net of Tax Balance, December 31, 2018 $ (53 ) $ — $ 1 $ (52 ) Other comprehensive (loss)/income before reclassifications 2 (1 ) — 1 Amount reclassified to earnings — 1 — 1 Balance, March 31, 2019 $ (51 ) $ — $ 1 $ (50 ) (a) Includes impact of the Company’s early adoption of new accounting guidance in the fourth quarter of 2018 which allows for the reclassification of the stranded tax effects resulting from the implementation of the Tax Cuts and Jobs Act of 2017. This adoption resulted in an $8 million reclassification of tax benefit from AOCL to Retained Earnings. Foreign Unrealized Defined Accumulated Currency (Losses) Benefit Other Translation on Cash Flow Pension Comprehensive Pretax Adjustments Hedges Plans (Loss)/Income Balance, December 31, 2017 $ (96 ) $ (2 ) $ (5 ) $ (103 ) Other comprehensive (loss)/income 14 (1 ) — 13 Balance, March 31, 2018 $ (82 ) $ (3 ) $ (5 ) $ (90 ) Tax Balance, December 31, 2017 $ 89 $ 2 $ 1 $ 92 Other comprehensive income — — 1 1 Balance, March 31, 2018 $ 89 $ 2 $ 2 $ 93 Net of Tax Balance, December 31, 2017 $ (7 ) $ — $ (4 ) $ (11 ) Other comprehensive (loss)/income 14 (1 ) 1 14 Balance, March 31, 2018 $ 7 $ (1 ) $ (3 ) $ 3
Reclassification out of Accumulated Other Comprehensive (Loss)/Income	. Reclassifications out of accumulated other comprehensive (loss)/income are presented in the following table. Amounts in parenthesis indicate debits to the Condensed Consolidated Statements of Income: Three Months Ended March 31, 2019 2018 Unrealized losses on cash flow hedge, net Loss on disposal of discontinued businesses, net of income taxes (1 ) — Net income (1 ) —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Stock Options 2019 Grant date fair value $ 8.98 Grant date strike price $ 44.38 Expected volatility 29.97 % Expected life 6.3 years Risk-free interest rate 2.59 %
Incentive Equity Awards Granted By The Company	The activity related to incentive equity awards granted to the Company’s key employees and senior officers by the Company for the three months ended March 31, 2019 consisted of the following: Balance, December 31, 2018 Granted Vested/Exercised Balance, March 31, 2019 RSUs Number of RSUs 0.9 0.5 — 1.4 (a) Weighted average grant price $ 50.54 $ 44.38 $ — $ 48.09 PSUs Number of PSUs — 0.2 — 0.2 (b) Weighted average grant price $ — $ 44.38 $ — $ 44.38 SSARs Number of SSARs 0.2 — — 0.2 (c) Weighted average grant price $ 34.24 $ — $ — $ 34.24 NQs Number of NQs 0.8 0.6 — 1.4 (d) Weighted average grant price $ 48.71 $ 44.38 $ — $ 46.84 (a) Aggregate unrecognized compensation expense related to RSUs was $54 million as of March 31, 2019 , which is expected to be recognized over a weighted average period of 3.4 years . (b) Maximum aggregate unrecognized compensation expense related to PSUs was $7 million as of March 31, 2019 , which is expected to be recognized over a weighted average period of 3.9 years (c) There were 0.2 million SSARs that were exercisable as of March 31, 2019 . There was no unrecognized compensation expense related to SSARs as of March 31, 2019 as all SSARs were vested. (d) Unrecognized compensation expense for NQs was $10 million as of March 31, 2019 , which is expected to be recognized over a period of 3.5 years .

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Summary Of Segment Information	Three Months Ended March 31, Net revenues 2019 2018 Vacation Ownership $ 683 $ 661 Exchange & Rentals 236 246 Total reportable segments 919 907 Corporate and other (a) (1 ) — Total Company $ 918 $ 907 Three Months Ended March 31, Reconciliation of Net income to Adjusted EBITDA 2019 2018 Net income attributable to Wyndham Destinations shareholders $ 80 $ 34 Loss from operations of discontinued businesses, net of income taxes — 7 Loss on disposal of discontinued businesses, net of income taxes 1 — Provision for income taxes 31 24 Depreciation and amortization 31 37 Interest expense 41 45 Interest (income) (2 ) (1 ) Separation and related costs (b) 15 30 Restructuring 3 — Legacy items 2 — Stock-based compensation 3 13 Adjusted EBITDA $ 205 $ 189 Three Months Ended March 31, Adjusted EBITDA 2019 2018 Vacation Ownership $ 138 $ 133 Exchange & Rentals 80 79 Total reportable segments 218 212 Corporate and other (a) (13 ) (23 ) Total Company $ 205 $ 189 (a) Includes the elimination of transactions between segments. (b) Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018 . Segment Assets (a) March 31, 2019 December 31, 2018 Vacation Ownership $ 5,559 $ 5,421 Exchange & Rentals 1,390 1,376 Total reportable segments 6,949 6,797 Corporate and other 151 158 Assets held-for-sale 270 203 Total Company $ 7,370 $ 7,158 (a) Excludes investment in consolidated subs.

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2019
Restructuring Charges [Abstract]
Activity Related To The Restructuring Costs	The activity associated with the Company’s restructuring plans is summarized as follows: Liability as of Liability as of December 31, 2018 Costs Recognized Cash Payments March 31, 2019 Personnel-related $ 12 $ 3 $ (4 ) $ 11 $ 12 $ 3 $ (4 ) $ 11

Background and Basis of Prese_2

Background and Basis of Presentation (Narrative) (Details)	4 Months Ended
	Sep. 30, 2018segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	2

New Accounting Pronouncements (

New Accounting Pronouncements (Impact of Adoption on Condensed Consolidated Balance Sheet) (Details) $ in Millions	Jan. 01, 2019USD ($)
Assets
Operating Lease, Right-of-Use Asset	$ 158
Liabilities and (deficit)
Operating Lease, Liability	200
Accounting Standards Update 2016-02
Assets
Operating Lease, Right-of-Use Asset	(42)
Discontinued Operations, Held-for-sale or Disposed of by Sale | Accounting Standards Update 2016-02
Liabilities and (deficit)
Operating Lease, Liability	$ 21

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Revenue from External Customer [Line Items]
Disposal Group, Including Discontinued Operation, Deferred Revenue	$ 552		$ 519
Net revenues	$ 918	$ 907
Expiration periods for non-cash incentives	18 months
Term of management services agreements (or less)	1 year
Deferred rental revenue, term of recognition	1 year
Fees For Property Management Services, Budgeted Operating Expenses, Percentage	10.00%
Vacation Ownership [Member] | Property management fees and reimbursable revenues
Revenue from External Customer [Line Items]
Net revenues	$ 170	$ 164
Discontinued Operations, Held-for-sale [Member] | Vacation rental revenues
Revenue from External Customer [Line Items]
Disposal Group, Including Discontinued Operation, Deferred Revenue	$ 58		$ 42

Revenue Recognition (Contract L

Revenue Recognition (Contract Liabilities) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Contract liabilities		$ 552	$ 519
Contract with Customer, Liability, Additions		125
Contract with Customer, Liability, Revenue Recognized		(92)
Deferred subscription revenue
Disaggregation of Revenue [Line Items]
Contract liabilities		227	220
Deferred VOI trial package revenue
Disaggregation of Revenue [Line Items]
Contract liabilities		130	125
Deferred VOI incentive revenue
Disaggregation of Revenue [Line Items]
Contract liabilities		99	96
Deferred exchange-related revenue (b)
Disaggregation of Revenue [Line Items]
Contract liabilities	[1]	58	56
Deferred co-branded credit card programs revenue
Disaggregation of Revenue [Line Items]
Contract liabilities		22	14
Deferred other revenue
Disaggregation of Revenue [Line Items]
Contract liabilities		16	8
Discontinued Operations, Held-for-sale [Member] | Vacation rental revenues
Disaggregation of Revenue [Line Items]
Contract liabilities		$ 58	$ 42
[1]	Balance includes contractual liabilities to accommodate members for cancellations initiated by the Company due to unexpected events. These amounts are included within Accrued expenses and other liabilities on the Consolidated Balance Sheet.

Revenue Recognition (Capitalize

Revenue Recognition (Capitalized Contract Costs) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Capitalized Contract Cost [Line Items]
Capitalized Contract Cost, Amortization Period	1 year
Vacation Ownership Business
Capitalized Contract Cost [Line Items]
Capitalized contract costs	$ 47	$ 45
Vacation Exchange Business
Capitalized Contract Cost [Line Items]
Capitalized contract costs	$ 21	$ 22

Revenue Recognition (Performanc

Revenue Recognition (Performance Obligations) (Details) $ in Millions	Mar. 31, 2019USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | Vacation rental revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 427
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	125
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	130
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	99
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	52
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 16
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | Vacation rental revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-10-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 62
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	54
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	4
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-04-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | Vacation rental revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-10-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 31
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	25
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | Vacation rental revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 32
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	23
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-04-01 | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	0
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 552
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | Subscription revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 227
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | VOI trial package revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 130
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | VOI incentive revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 99
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | Exchange-related revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 58
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | Vacation rental revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | Co-branded credit card programs revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 22
Remaining performance obligation, period
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil) | Other revenue
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligations	$ 16
Remaining performance obligation, period

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition (Disaggregation of Net Revenues) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Net revenues		$ 918	$ 907
Vacation ownership interest sales
Disaggregation of Revenue [Line Items]
Net revenues		375	358
Consumer financing
Disaggregation of Revenue [Line Items]
Net revenues		125	118
Vacation Ownership | Property management fees and reimbursable revenues
Disaggregation of Revenue [Line Items]
Net revenues		170	164
Operating Segments
Disaggregation of Revenue [Line Items]
Net revenues		919	907
Operating Segments | Vacation Ownership
Disaggregation of Revenue [Line Items]
Net revenues		683	661
Operating Segments | Vacation Ownership | Vacation ownership interest sales
Disaggregation of Revenue [Line Items]
Net revenues		375	358
Operating Segments | Vacation Ownership | Property management fees and reimbursable revenues
Disaggregation of Revenue [Line Items]
Net revenues		170	164
Operating Segments | Vacation Ownership | Consumer financing
Disaggregation of Revenue [Line Items]
Net revenues		125	118
Operating Segments | Vacation Ownership | Fee-for-Service commissions
Disaggregation of Revenue [Line Items]
Net revenues		0	10
Operating Segments | Vacation Ownership | Ancillary revenues
Disaggregation of Revenue [Line Items]
Net revenues		13	11
Operating Segments | Exchange & Rentals
Disaggregation of Revenue [Line Items]
Net revenues		236	246
Operating Segments | Exchange & Rentals | Ancillary revenues
Disaggregation of Revenue [Line Items]
Net revenues		18	20
Operating Segments | Exchange & Rentals | Exchange revenues
Disaggregation of Revenue [Line Items]
Net revenues		180	188
Operating Segments | Exchange & Rentals | Vacation rental revenues
Disaggregation of Revenue [Line Items]
Net revenues		38	38
Corporate and Other
Disaggregation of Revenue [Line Items]
Net revenues	[1]	$ (1)	$ 0
[1]	Includes the elimination of transactions between segments

Earnings Per Share (Computation

Earnings Per Share (Computation Of Basic And Diluted EPS) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Income from continuing operations attributable to Wyndham Destinations shareholders		$ 81	$ 41
Loss from operations of discontinued businesses, net of income taxes		0	(7)
Loss on disposal of discontinued businesses, net of income taxes		(1)	0
Net income attributable to Wyndham Destinations shareholders		80	34
Net income attributable to Wyndham Destinations shareholders		$ 80	$ 34
Basic earnings per share
Continuing operations (in dollars per share)		$ 0.86	$ 0.41
Discontinued operations (in dollars per share)		(0.01)	(0.07)
Basic (in dollars per share)		0.85	0.34
Diluted earnings per share
Continuing operations (in dollars per share)		0.85	0.41
Discontinued operations (in dollars per share)		0	(0.07)
Diluted (in dollars per share)		$ 0.85	$ 0.34
Basic weighted average shares outstanding (in shares)		94.4	100.1
Stock-settled appreciation rights (“SSARs”), RSUs and PSUs (in shares)	[1],[2]	0.3	0.7
Diluted weighted average shares outstanding (in shares)	[3],[4]	94.7	100.8
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Aggregate dividends paid to shareholders		$ 42	$ 70
Restricted Stock Units (RSUs)
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Shares excluded from computation of diluted EPS (in shares)		0.7
PSUs
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Shares excluded from computation of diluted EPS (in shares)		0.2	0.5
Stock Awards
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Shares excluded from computation of diluted EPS (in shares)		0.9
[1]	Excludes 0.2 million and 0.5 million performance-vested stock units (“PSUs”) for the three months ended March 31, 2019 and 2018, respectively, as the Company has not met the required performance metrics. These PSUs could potentially dilute basic earnings per share in the future.
[2]	Excludes 0.7 million restricted stock units (“RSUs”) that would have been anti-dilutive to EPS for the three months ended March 31, 2019, but could potentially dilute basic earnings per share in the future. The number of anti-dilutive RSUs for the three months ended March 31, 2018 was immaterial. Includes unvested dilutive RSUs which are subject to future forfeiture.
[3]	Excludes 0.9 million outstanding stock awards that would have been anti-dilutive to EPS for the three months ended March 31, 2019, but could potentially dilute basic earnings per share in the future.
[4]	The dilutive impact of the Company’s potential common stock is computed utilizing the treasury stock method using average market prices during the period.

Earnings Per Share (Current Sto

Earnings Per Share (Current Stock Repurchase Program) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)shares
Shares Repurchased
As of December 31, 2018	125,137,857
As of March 31, 2019	126,572,562
Stock Repurchase Program
Shares Repurchased
As of December 31, 2018	100,600,000
Repurchases	1,400,000
As of March 31, 2019	102,000,000
Cost
As of December 31, 2018 | $	$ 5,262
Repurchases | $	60
As of March 31, 2019 | $	$ 5,322

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) $ in Millions	Mar. 31, 2019USD ($)
Earnings Per Share Reconciliation [Abstract]
Remaining authorized amount under share repurchases	$ 756

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Separation and related costs	[1]	$ 15	$ 30
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Separation and related costs		$ 0	32
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Separation and related costs			$ 32
[1]	Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018.

Discontinued Operations (Aggreg

Discontinued Operations (Aggregate Carrying Amount of Assets and Liabilities) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Assets
Trade receivables, net	$ 113	$ 82
Goodwill	923	922
Total assets of discontinued operations	270	203
Liabilities
Total liabilities of discontinued operations	$ 241	$ 165

Discontinued Operations (Compon

Discontinued Operations (Components of Income) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Separation and related costs	[1]	$ 15	$ 30
Interest expense		41	45
Interest (income)		(2)	(1)
Loss on disposal of discontinued businesses, net of income taxes		(1)	0
Loss on discontinued operations, net of income taxes		0	(7)
Discontinued Operations
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net revenues		0	409
Operating		0	191
Marketing		0	114
General and administrative		0	44
Separation and related costs		0	32
Depreciation and amortization		0	34
Total expenses		0	415
Other (income), net		0	(1)
Interest (income)		0	(1)
Provision for income taxes		0	3
Loss from operations of discontinued businesses, net of income taxes		0	(7)
Loss on disposal of discontinued businesses, net of income taxes		(1)	0
Loss on discontinued operations, net of income taxes		$ (1)	$ (7)
[1]	Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018.

Discontinued Operations (Comp_2

Discontinued Operations (Components of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash flows provided by operating activities	$ 0	$ 156
Cash flows used in investing activities	(27)	(8)
Cash flows used in financing activities	0	(6)
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Forgiveness of intercompany debt from Wyndham Hotels	0
Depreciation and amortization		34
Stock-based compensation	0	3
Deferred income taxes	0	(12)
Property and equipment additions	$ 0	$ (20)

Held-for-Sale Business (Details

Held-for-Sale Business (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
Assets of held-for-sale business	$ 270	$ 203
Restricted cash	44	31	$ 168
Trade receivables, net	113	82
Goodwill and other intangibles, net	41	42
Property and equipment, net	34	35
Other assets	33	8
Liabilities of held-for-sale business	241	165
Accounts payable	114	87
Contract liabilities	552	519
Disposal Group, Including Discontinued Operation, Deferred Revenue		42
Accrued liabilities	$ 61	$ 27

Vacation Ownership Contract R_3

Vacation Ownership Contract Receivables (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Vacation Ownership Contract Receivables [Abstract]
Interest income on securitized receivables	$ 99	$ 87
Originated vacation ownership contract receivables	322	297
Vacation ownership contract principal collections	$ 230	226
Weighted average interest rate	14.20%		14.10%
Provision for loan losses	$ 109	$ 92
Minimum days which Company ceases to accrue interest on VOI contract receivables	90 days
VOI contract receivable written off as credit loss	120 days

Vacation Ownership Contract R_4

Vacation Ownership Contract Receivables (Current And Long-Term Vacation Ownership Contract Receivables) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivables [Line Items]
Current vacation ownership contract receivables	$ 3,741	$ 3,771
Less: Allowance for loan losses	721	734
Vacation ownership contract receivables, net	3,020	3,037
Securitized
Accounts, Notes, Loans and Financing Receivables [Line Items]
Current vacation ownership contract receivables	2,913	2,883
Non-securitized
Accounts, Notes, Loans and Financing Receivables [Line Items]
Current vacation ownership contract receivables	$ 828	$ 888

Vacation Ownership Contract R_5

Vacation Ownership Contract Receivables (Allowance For Loan Losses On Vacation Ownership Contract Receivables) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Allowance for Loan Losses [Roll Forward]
Allowance for loan losses, beginning balance	$ 734	$ 691
Provision for loan losses	109	92
Contract receivables write-offs, net	(122)	(98)
Allowance for loan losses, ending balance	$ 721	$ 685

Vacation Ownership Contract R_6

Vacation Ownership Contract Receivables (Summary Of The Aged Analysis Of Financing Receivables Using The Most Recently Updated FICO Scores) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	$ 3,741	$ 3,771
700
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	2,009	2,045
600-699
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	1,097	1,115
Less than 600
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	234	213
No Score
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	147	148
Asia Pacific
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	254	250
Current
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	3,572	3,584
Current | 700
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	1,963	1,996
Current | 600-699
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	1,032	1,041
Current | Less than 600
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	189	166
Current | No Score
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	137	135
Current | Asia Pacific
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	251	246
31 - 60 days
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	74	83
31 - 60 days | 700
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	21	22
31 - 60 days | 600-699
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	30	35
31 - 60 days | Less than 600
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	16	18
31 - 60 days | No Score
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	5	6
31 - 60 days | Asia Pacific
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	2	2
61 - 90 days
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	51	54
61 - 90 days | 700
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	14	15
61 - 90 days | 600-699
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	19	22
61 - 90 days | Less than 600
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	14	13
61 - 90 days | No Score
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	3	3
61 - 90 days | Asia Pacific
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	1	1
91 - 120 days
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	44	50
91 - 120 days | 700
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	11	12
91 - 120 days | 600-699
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	16	17
91 - 120 days | Less than 600
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	15	16
91 - 120 days | No Score
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	2	4
91 - 120 days | Asia Pacific
Financing Receivables, Recorded Investment [Line Items]
Financing receivables	$ 0	$ 1

Inventory (Summary of Inventory

Inventory (Summary of Inventory) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Land held for VOI development	$ 4	$ 4
VOI construction in process	50	45
Inventory sold subject to repurchase	33	33
Completed VOI inventory	787	797
Estimated VOI recoveries	278	286
Exchange & Rentals vacation credits and other	61	59
Total inventory	$ 1,213	$ 1,224

Inventory (Narrative) (Details)

Inventory (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2015	Dec. 31, 2018
Real Estate, Inventory [Line Items]
VOI inventory transferred to PPE	$ 15,000,000	$ 48,000,000
Inventory accruals	9,000,000			$ 6,000,000
Inventory sold subject to repurchase	33,000,000			$ 33,000,000
Vacation Ownership Inventory Sales
Real Estate, Inventory [Line Items]
No gain or loss on sales transactions			$ 0
Las Vegas, Nevada and St. Thomas, U.S. Virgin Island Inventory Sales
Real Estate, Inventory [Line Items]
Maximum potential future payments	$ 142,000,000

Inventory (Activity Related to

Inventory (Activity Related to Inventory Obligations) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018	Dec. 31, 2017
Inventory [Line Items]
Inventory sold, outstanding obligation	$ 66	$ 117	$ 94	$ 144
Purchases	1	0
Payments	(29)	(27)
Accrued expenses and other liabilities	66		94
Avon
Inventory [Line Items]
Inventory sold, outstanding obligation	0	11	11	22
Purchases	0	0
Payments	(11)	(11)
Accrued expenses and other liabilities	0		11
Las Vegas
Inventory [Line Items]
Inventory sold, outstanding obligation	34	44	52	60
Purchases	0	0
Payments	(18)	(16)
Accrued expenses and other liabilities	34		52
Austin
Inventory [Line Items]
Inventory sold, outstanding obligation	32	62	31	$ 62
Purchases	1	0
Payments	0	$ 0
Accrued expenses and other liabilities	$ 32		$ 31

Property and equipment (Details

Property and equipment (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Depreciation and amortization	$ 31	$ 37
Property, Plant and Equipment, Gross	1,563		$ 1,565
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	843		853
Property and equipment, net	720		712
Land
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	32		30
Building and leasehold improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	616		588
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	238		250
Capitalized software
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	611		604
Finance leases
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	10		12
Construction in progress
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 56		$ 81

Debt (Summary Of Indebtedness-L

Debt (Summary Of Indebtedness-Long-Term Debt) (Details) - USD ($)		3 Months Ended
		Mar. 31, 2019		Dec. 31, 2018
Debt Instrument [Line Items]
Non-recourse vacation ownership debt (VIE)		$ 2,454,000,000		$ 2,357,000,000
Debt		$ 2,837,000,000		2,881,000,000
7.375% Secured Notes Due March 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		7.375%
5.625% Secured Notes Due March 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		5.625%
5.40% Secured Notes (Due April 2024) [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		5.40%
6.35% secured notes due October 2025 [Domain]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		6.35%
5.75% secured notes due April 2027 [Domain]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		5.75%
Term Notes [Member]
Debt Instrument [Line Items]
Non-recourse vacation ownership debt (VIE)	[1],[2]	$ 2,002,000,000		1,839,000,000
Debt Issuance Cost		24,000,000		21,000,000
Non-recourse bank conduit facility [Member]
Debt Instrument [Line Items]
Revolving credit facility	[3]	452,000,000
Non-recourse bank conduit facility [Member] | $800 million bank conduit facility (due April 2020) [Member]
Debt Instrument [Line Items]
Non-recourse vacation ownership debt (VIE)	[1],[4]	452,000,000		518,000,000
Debt instrument, face amount		800,000,000
Non-Recourse Vacation Ownership Debt [Member]
Debt Instrument [Line Items]
Non-recourse vacation ownership debt (VIE)	[1]	2,454,000,000		2,357,000,000
Long-term vacation ownership contract receivables		3,090,000,000		3,030,000,000
Revolving Credit Facility | Secured Revolving Credit Facility due May 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, face amount		1,000,000,000
Revolving credit facility	[5],[7]	$ 161,000,000	[6]	181,000,000
Weighted average coupon rate		6.09%
Debt
Debt Instrument [Line Items]
Debt	[7]	$ 2,837,000,000		2,881,000,000
Debt Issuance Cost		6,000,000		6,000,000
Unamortized discount		10,000,000		11,000,000
Debt | $300 million secured term loan B (due May 2025) (f)
Debt Instrument [Line Items]
Debt instrument, face amount		300,000,000
Debt	[7]	295,000,000		296,000,000
Debt Instrument, Periodic Payment		750,000
Debt | 7.375% Secured Notes Due March 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		40,000,000
Senior notes	[7]	40,000,000		40,000,000
Debt | 5.625% Secured Notes Due March 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		250,000,000
Senior notes	[7]	249,000,000		249,000,000
Debt | 4.25% Secured Notes Due March 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		650,000,000
Senior notes	[7],[8]	649,000,000		649,000,000
Unamortized (gains)/losses from the settlement of a derivative		1,000,000		1,000,000
Debt | 3.90% Secured Notes (Due March 2023) [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		400,000,000
Senior notes	[7],[9]	404,000,000		405,000,000
Unamortized (gains)/losses from the settlement of a derivative		6,000,000		6,000,000
Debt | 5.40% Secured Notes (Due April 2024) [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		300,000,000
Senior notes	[7]	298,000,000		297,000,000
Debt | 6.35% secured notes due October 2025 [Domain]
Debt Instrument [Line Items]
Debt instrument, face amount		350,000,000
Senior notes	[7],[10]	341,000,000		341,000,000
Unamortized (gains)/losses from the settlement of a derivative		(7,000,000)		(7,000,000)
Debt | 5.75% secured notes due April 2027 [Domain]
Debt Instrument [Line Items]
Debt instrument, face amount		400,000,000
Senior notes	[7],[11]	397,000,000		388,000,000
Derivative, Amount of Hedged Item		(1,000,000)		8,000,000
Debt | Finance leases [Member]
Debt Instrument [Line Items]
Finance leases	[7]	3,000,000
Capital lease obligations	[7]			3,000,000
Debt | Other Debt Obligations [Member]
Debt Instrument [Line Items]
Debt	[7]	$ 0		$ 32,000,000
Interest Rate Swap | 4.25% Secured Notes Due March 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		4.25%
Interest Rate Swap | 3.90% Secured Notes (Due March 2023) [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		3.90%
[1]	Represents non-recourse debt that is securitized through bankruptcy-remote special purpose entities, the creditors of which have no recourse to the Company for principal and interest. These outstanding borrowings (which legally are not liabilities of the Company) are collateralized by $3.09 billion and $3.03 billion of underlying gross vacation ownership contract receivables and related assets (which legally are not assets of the Company) as of March 31, 2019 and December 31, 2018, respectively.
[2]	The carrying amounts of the term notes are net of debt issuance costs aggregating $24 million and $21 million as of March 31, 2019 and December 31, 2018, respectively.
[3]	Consists of the Company’s Sierra Receivable Funding Conduit II 2008-A facility. The capacity of this facility is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings.
[4]	The Company has borrowing capability under the Sierra Receivable Funding Conduit II 2008-A facility through April 2020. Borrowings under this facility are required to be repaid as the collateralized receivables amortize but no later than May 2021.
[5]	As of March 31, 2019, the weighted average interest rate on borrowings from this facility was 6.09%.
[6]	Consists of the Company’s $1.0 billion revolving credit facility.
[7]	The carrying amounts of the secured notes and term loan are net of unamortized discounts of $10 million and $11 million as of March 31, 2019 and December 31, 2018, respectively, and net of unamortized debt financing costs of $6 million as of March 31, 2019 and December 31, 2018, respectively.
[8]	Includes $1 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018.
[9]	Includes $6 million of unamortized gains from the settlement of a derivative as of March 31, 2019 and December 31, 2018.
[10]	Includes $7 million of unamortized losses from the settlement of a derivative as of March 31, 2019 and December 31, 2018.
[11]	Includes a $1 million increase and $8 million decrease in the carrying value resulting from a fair value hedge derivative as of March 31, 2019 and December 31, 2018, respectively. As of March 31, 2019, the variable interest rate on the notional portion of these notes was 4.66%, and the effective rate was 5.91%.

Debt (Narrative) (Details)

Debt (Narrative) (Details) - USD ($)	Mar. 31, 2019	Mar. 20, 2019	Dec. 31, 2018
Interest Rate Swap
Debt Instrument [Line Items]
Deferred gains on terminated interest rate swaps			$ 7,000,000
Sierra Timeshare 2019-1 Receivables Funding, LLC
Debt Instrument [Line Items]
Debt instrument, face amount		$ 400,000,000
Weighted average coupon rate		3.57%
Advance rate		98.00%
5.75% secured notes due April 2027 [Domain]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	5.75%
3.90% Secured Notes (Due March 2023) [Member] | Interest Rate Swap
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	3.90%
4.25% Secured Notes Due March 2020 [Member] | Interest Rate Swap
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	4.25%
Bank of America, N.A. | Credit Agreement
Debt Instrument [Line Items]
Minimum interest coverage ratio	2.5
Maximum leverage ratio	4.25
Actual interest coverage ratio	6.3
Actual first lien leverage ratio	2.7

Debt (Summary Of Outstanding De

Debt (Summary Of Outstanding Debt Maturities) (Details) $ in Millions	Mar. 31, 2019USD ($)
Debt Instrument [Line Items]
Within 1 year	$ 251
Between 1 and 2 years	463
Between 2 and 3 years	1,256
Between 3 and 4 years	628
Between 4 and 5 years	399
Thereafter	2,294
Total long-term debt	5,291
Non-Recourse Vacation Ownership Debt [Member]
Debt Instrument [Line Items]
Within 1 year	207
Between 1 and 2 years	210
Between 2 and 3 years	604
Between 3 and 4 years	221
Between 4 and 5 years	235
Thereafter	977
Total long-term debt	2,454
Debt
Debt Instrument [Line Items]
Within 1 year	44
Between 1 and 2 years	253
Between 2 and 3 years	652
Between 3 and 4 years	407
Between 4 and 5 years	164
Thereafter	1,317
Total long-term debt	$ 2,837

Debt (Summary Of Available Capa

Debt (Summary Of Available Capacity Under Borrowing Arrangements) (Details) - USD ($)		Mar. 31, 2019		Dec. 31, 2018
Non-recourse bank conduit facility [Member]
Debt Instrument [Line Items]
Total capacity	[1]	$ 800,000,000
Revolving credit facility	[1]	452,000,000
Letters of Credit Outstanding, Amount	[1]	0
Available capacity	[1]	348,000,000
Non-recourse bank conduit facility [Member] | $800 million bank conduit facility (due April 2020) [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		800,000,000
Revolving Credit Facility | Revolving Credit Facility | Secured Revolving Credit Facility due May 2023
Debt Instrument [Line Items]
Total capacity	[2]	1,000,000,000
Revolving credit facility	[3],[4]	161,000,000	[2]	$ 181,000,000
Letters of Credit Outstanding, Amount	[2]	24,000,000
Available capacity	[2]	815,000,000
Debt instrument, face amount		$ 1,000,000,000
[1]	Consists of the Company’s Sierra Receivable Funding Conduit II 2008-A facility. The capacity of this facility is subject to the Company’s ability to provide additional assets to collateralize additional non-recourse borrowings.
[2]	Consists of the Company’s $1.0 billion revolving credit facility.
[3]	As of March 31, 2019, the weighted average interest rate on borrowings from this facility was 6.09%.
[4]	The carrying amounts of the secured notes and term loan are net of unamortized discounts of $10 million and $11 million as of March 31, 2019 and December 31, 2018, respectively, and net of unamortized debt financing costs of $6 million as of March 31, 2019 and December 31, 2018, respectively.

Debt (Interest Expense Narrativ

Debt (Interest Expense Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Debt
Debt Instrument [Line Items]
Interest expense incurred	$ 41	$ 45
Capitalized Interest Costs	1	1
Cash paid for interest	40	50
Non-Recourse Vacation Ownership Debt [Member]
Debt Instrument [Line Items]
Interest expense incurred	26	19
Cash paid for interest	$ 20	$ 11

Variable Interest Entities (Ass

Variable Interest Entities (Assets And Liabilities Of Vacation Ownership SPEs) (Details) - USD ($)		Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018
Schedule Of Transfer And Financial Assets [Line Items]
Securitized contract receivables, gross		$ 3,020,000,000	$ 3,037,000,000
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)		186,000,000	155,000,000	$ 195,000,000
Total assets		7,370,000,000	7,158,000,000
Non-recourse term notes		2,454,000,000	2,357,000,000
Non-recourse conduit facilities		2,837,000,000	2,881,000,000
Total liabilities		7,954,000,000	7,727,000,000
Variable Interest Entity, Primary Beneficiary [Member]
Schedule Of Transfer And Financial Assets [Line Items]
Securitized contract receivables, gross		2,913	2,883
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)		153	120
Non-recourse term notes		2,454	2,357
Vacation Ownership SPEs
Schedule Of Transfer And Financial Assets [Line Items]
SPE assets in excess of SPE liabilities		631,000,000	669,000,000
Deferred financing cost related to securitized debt		24,000,000	21,000,000
Vacation Ownership SPEs | Variable Interest Entity, Primary Beneficiary [Member]
Schedule Of Transfer And Financial Assets [Line Items]
Securitized contract receivables, gross	[1]	2,913,000,000	2,883,000,000
Restricted cash (VIE - $153 as of 2019 and $120 as of 2018)	[2]	153,000,000	120,000,000
Interest receivables on securitized contract receivables	[3]	24,000,000	23,000,000
Other assets	[4]	2,000,000	3,000,000
Total assets		3,092,000,000	3,029,000,000
Non-recourse term notes	[5],[6]	2,002,000,000	1,839,000,000
Non-recourse conduit facilities	[5]	452,000,000	518,000,000
Other liabilities	[7]	7,000,000	3,000,000
Total liabilities		2,461,000,000	2,360,000,000
SPE assets in excess of SPE liabilities		$ 631,000,000	$ 669,000,000
[1]	Included in Vacation ownership contract receivables, net on the Condensed Consolidated Balance Sheets.
[2]	Included in Restricted cash on the Condensed Consolidated Balance Sheets.
[3]	Included in Trade receivables, net on the Condensed Consolidated Balance Sheets.
[4]	Primarily includes deferred financing costs for the bank conduit facility and a security investment asset, which is included in Other assets on the Condensed Consolidated Balance Sheets.
[5]	Included in Non-recourse vacation ownership debt on the Condensed Consolidated Balance Sheets.
[6]	Includes deferred financing costs of $24 million and $21 million as of March 31, 2019 and December 31, 2018, respectively, related to non-recourse debt
[7]	Primarily includes accrued interest on non-recourse debt, which is included in Accrued expenses and other liabilities on the Condensed Consolidated Balance Sheets.

Variable Interest Entities (Nar

Variable Interest Entities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2017	Dec. 31, 2018
Schedule Of Transfer And Financial Assets [Line Items]
Property and equipment, net	$ 720			$ 712
Debt	5,291
Write-down of property and equipment to fair value			$ 37
Purchased property and equipment	20	$ 14
VIO Saint Thomas | Variable Interest Entity, Primary Beneficiary
Schedule Of Transfer And Financial Assets [Line Items]
Property and equipment, net			64
Debt			$ 104
St. Thomas, U.S. Virgin Island Inventory Sale [Member]
Schedule Of Transfer And Financial Assets [Line Items]
Purchased property and equipment	23	$ 8
Non Securitized Receivable
Schedule Of Transfer And Financial Assets [Line Items]
Financing Receivable, Gross	$ 828			$ 888

Variable Interest Entities (Sum

Variable Interest Entities (Summary Of Total Vacation Ownership Receivables And Other Securitized Assets, Net Of Securitized Liabilities And Allowance For Loan Losses) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Schedule Of Transfer And Financial Assets [Line Items]
Less: Allowance for loan losses	$ 721	$ 734	$ 685	$ 691
Total, net	738	823
Non Securitized Receivable
Schedule Of Transfer And Financial Assets [Line Items]
Non-securitized contract receivables	828	888
Vacation Ownership SPEs
Schedule Of Transfer And Financial Assets [Line Items]
SPE assets in excess of SPE liabilities	$ 631	$ 669

Variable Interest Entities (A_2

Variable Interest Entities (Assets and Liabilities of the SPE) (Details) - USD ($) $ in Millions		Mar. 31, 2019	Dec. 31, 2018
Schedule Of Transfer And Financial Assets [Line Items]
Total SPE assets		$ 7,370	$ 7,158
Accrued expenses and other liabilities		1,043	1,004
Debt		5,291
Total SPE liabilities		$ 7,954	7,727
Mortgage Note - SPE | Vactaion Ownership NYC Property [Member]
Schedule Of Transfer And Financial Assets [Line Items]
Debt instrument, face amount			32
Variable Interest Entity, Primary Beneficiary [Member] | St Thomas Property [Member]
Schedule Of Transfer And Financial Assets [Line Items]
Property and equipment, net			23
Total SPE assets			23
Debt	[1]		32
Total SPE liabilities			32
SPE assets in excess of SPE liabilities			$ (9)
[1]	Included $32 million relating to mortgage notes, which were included in Debt on the Condensed Consolidated Balance Sheets as of December 31, 2018.

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - Recurring Basis - Estimated Fair Value - Level 2 - Foreign Exchange Contracts $ in Millions	Mar. 31, 2019USD ($)
Summary Of Assets And Liabilities Measured At Fair Value On Recurring Basis [Line Items]
Derivative asset (less than)	$ 1
Derivative Liability (less than)	$ 1

Fair Value (Carrying Amounts An

Fair Value (Carrying Amounts And Estimated Fair Values Of Financial Instruments) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Vacation ownership contract receivables, net	$ 3,020	$ 3,037
Total debt	5,291	5,238
Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Vacation ownership contract receivables, net	3,651	3,662
Total debt	$ 5,326	$ 4,604

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Current Income Tax Expense (Benefit), Continuing Operations [Abstract]
Effective income tax rate	27.70%	36.90%
Income tax payments, net of refunds	$ 2	$ 70
Income tax payments, net of refunds, discontinued operations		$ 5

Leases (Details)

Leases (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Lease, Liability			$ 200
Operating Lease, Right-of-Use Asset			158
Remaining lease term		9 years 6 months
Finance Lease, Weighted Average Remaining Lease Term		2 years 5 months
Operating Lease, Weighted Average Discount Rate, Percent	[1]	6.80%
Finance Lease, Weighted Average Discount Rate, Percent		4.20%
Operating Lease, Payments		$ 10
Operating Leases, Future Minimum Payments Due, Next Twelve Months				$ 34
Operating Leases, Future Minimum Payments, Due in Two Years				30
Operating Leases, Future Minimum Payments, Due in Three Years				26
Operating Leases, Future Minimum Payments, Due in Four Years				24
Operating Leases, Future Minimum Payments, Due in Five Years				22
Operating Leases, Future Minimum Payments, Due Thereafter				99
Operating Leases, Future Minimum Payments Due		171		$ 235
Finance Lease, Interest Payment on Liability		0
Finance Lease, Principal Payments		0
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability		4
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability		0
Other Assets [Member]
Operating Lease, Right-of-Use Asset		131
property and equipment, net [Member]
Finance Lease, Right-of-Use Asset	[2]	3
Debt [Member]
Finance leases		3
Other Liabilities [Member]
Operating Lease, Liability		$ 171
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Operating Lease, Liability			$ 21
[1]	Upon adoption of the new lease standard, discount rates used for existing leases were established at January 1, 2019.
[2]	Presented net of accumulated depreciation.

Leases Lease Costs (Details)

Leases Lease Costs (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating Lease, Cost	$ 9
Short-term Lease, Cost	5
Finance Lease, Right-of-Use Asset, Amortization	0
Finance Lease, Interest Expense	0
finance lease cost	$ 0

Leases Lease narrative (Details

Leases Lease narrative (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Jan. 01, 2019
Operating Lease, Right-of-Use Asset			$ 158
Operating Leases, Rent Expense, Net		$ 61
Remaining lease term	9 years 6 months
Renewal term	5 years
Lease termination period	1 year
Operating Lease, Liability			200
Discontinued Operations [Member]
Operating Leases, Rent Expense, Net		$ 9
Accounting Standards Update 2016-02
Operating Lease, Right-of-Use Asset			(42)
Discontinued Operations, Held-for-sale or Disposed of by Sale | Accounting Standards Update 2016-02
Operating Lease, Liability			$ 21
Minimum
Remaining lease term	1 year
Maximum
Remaining lease term	20 years

Leases Lease maturities (Detail

Leases Lease maturities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Remainder of Fiscal Year	$ 29
Finance Lease, Liability, Payments, Remainder of Fiscal Year	1
Lessee, Operating Lease, Liability, Payments, Due Year Two	32
Finance Lease, Liability, Payments, Due Year Two	1
Lessee, Operating Lease, Liability, Payments, Due Year Three	27
Finance Lease, Liability, Payments, Due Year Three	1
Lessee, Operating Lease, Liability, Payments, Due Year Four	24
Finance Lease, Liability, Payments, Due Year Four	0
Lessee, Operating Lease, Liability, Payments, Due Year Five	22
Finance Lease, Liability, Payments, Due Year Five	0
Lessee, Operating Lease, Liability, Payments, Due after Year Five	99
Finance Lease, Liability, Payments, Due after Year Five	0
Lessee, Operating Lease, Liability, Payments, Due	233
Finance Lease, Liability, Payments, Due	3
Operating lease, Future Minimum Payments, Interest Included in Payments	(62)
Capital Leases, Future Minimum Payments, Interest Included in Payments	0
Operating Leases, Future Minimum Payments Due	171	$ 235
Capital Leases, Future Minimum Payments Due	$ 3

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Litigation reserves	$ 14	$ 14
Range of possible loss up to, portion not accrued	$ 49

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss)/Income (Components Of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019		Dec. 31, 2018		Mar. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income, Before Tax
Other comprehensive income/(loss)					$ 13
Other comprehensive income before reclassifications	$ 2
Amount reclassified to earnings	1
Accumulated Other Comprehensive Income, Tax
Other comprehensive income					1
Other comprehensive (loss) before reclassifications	(1)
Amount reclassified to earnings	0
Accumulated Other Comprehensive Income, Net Of Tax
Balance, value	(569)				774
Other comprehensive income/(loss)	2				14
Other comprehensive income/(loss) before reclassifications	1
Amount reclassified to earnings	1
Balance, value	(584)		$ (569)		652
Beginning balance adjustment due to change in accounting principle						$ (17)
Tax Cuts And Jobs Act Of 2017, Reclassification of AOCI to Retained Earnings			(8)
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Income, Before Tax
AOCI, Pretax, Beginning Balance	(147)				(96)
Other comprehensive income/(loss)					14
Other comprehensive income before reclassifications	2
Amount reclassified to earnings	0
AOCI, Pretax, Ending Balance	(145)		(147)		(82)
Accumulated Other Comprehensive Income, Tax
AOCI, Tax, Beginning Balance	94	[1]			89
Other comprehensive income					0
Other comprehensive (loss) before reclassifications	0
Amount reclassified to earnings	0
AOCI, Tax, Ending Balance	94		94	[1]	89
Accumulated Other Comprehensive Income, Net Of Tax
Balance, value	(53)				(7)
Other comprehensive income/(loss)					14
Other comprehensive income/(loss) before reclassifications	2
Amount reclassified to earnings	0
Balance, value	(51)		(53)		7
Unrealized Gains/(Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income, Before Tax
AOCI, Pretax, Beginning Balance	(2)				(2)
Other comprehensive income/(loss)					(1)
Other comprehensive income before reclassifications	0
Amount reclassified to earnings	1
AOCI, Pretax, Ending Balance	(1)		(2)		(3)
Accumulated Other Comprehensive Income, Tax
AOCI, Tax, Beginning Balance	2				2
Other comprehensive income					0
Other comprehensive (loss) before reclassifications	(1)
Amount reclassified to earnings	0
AOCI, Tax, Ending Balance	1		2		2
Accumulated Other Comprehensive Income, Net Of Tax
Balance, value	0				0
Other comprehensive income/(loss)					(1)
Other comprehensive income/(loss) before reclassifications	(1)
Amount reclassified to earnings	1
Balance, value	0		0		(1)
Defined Benefit Pension Plans
Accumulated Other Comprehensive Income, Before Tax
AOCI, Pretax, Beginning Balance	2				(5)
Other comprehensive income/(loss)					0
Other comprehensive income before reclassifications	0
Amount reclassified to earnings	0
AOCI, Pretax, Ending Balance	2		2		(5)
Accumulated Other Comprehensive Income, Tax
AOCI, Tax, Beginning Balance	(1)				1
Other comprehensive income					1
Other comprehensive (loss) before reclassifications	0
Amount reclassified to earnings	0
AOCI, Tax, Ending Balance	(1)		(1)		2
Accumulated Other Comprehensive Income, Net Of Tax
Balance, value	1				(4)
Other comprehensive income/(loss)					1
Other comprehensive income/(loss) before reclassifications	0
Amount reclassified to earnings	0
Balance, value	1		1		(3)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income, Before Tax
AOCI, Pretax, Beginning Balance	(147)				(103)
AOCI, Pretax, Ending Balance	(144)		(147)		(90)
Accumulated Other Comprehensive Income, Tax
AOCI, Tax, Beginning Balance	95				92
AOCI, Tax, Ending Balance	94		95		93
Accumulated Other Comprehensive Income, Net Of Tax
Balance, value	(52)				(11)
Other comprehensive income/(loss)	2				14
Balance, value	$ (50)		$ (52)		$ 3
[1]	Includes impact of the Company’s early adoption of new accounting guidance in the fourth quarter of 2018 which allows for the reclassification of the stranded tax effects resulting from the implementation of the Tax Cuts and Jobs Act of 2017. This adoption resulted in an $8 million reclassification of tax benefit from AOCL to Retained Earnings. Foreign Unrealized Defined Accumulated Currency (Losses) Benefit Other Translation on Cash Flow Pension ComprehensivePretaxAdjustments Hedges Plans (Loss)/Income Balance, December 31, 2017$(96) $(2) $(5) $(103) Other comprehensive (loss)/income14 (1) — 13 Balance, March 31, 2018$(82) $(3) $(5) $(90)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive (Loss)/Income (Reclassification out of ACOL) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Loss on disposal of discontinued businesses, net of income taxes	$ 1	$ 0
Net Income (loss)	80	$ 34
Reclassification out of Accumulated Other Comprehensive Income | Accumulated Other Comprehensive Income (Loss), Derivative Qualifying as Hedge, Excluded Component, Including Portion Attributable to Noncontrolling Interest [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Loss on disposal of discontinued businesses, net of income taxes	$ (1)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum shares of common stock to be awarded	15.7
Remaining shares available for grant	13.7
Stock-based compensation	$ 5	$ 21
Stock-based compensation	3	13
Stock-based compensation expense for non-employee directors (less than $1 million for three months ended September 30, 2016)		1
Payment of taxes for net share settlement	0	32
Separation and Related Costs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation	2	5
Discontinued Operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation		$ 3
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount	$ 25
Restricted Stock Units and Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting terms, in years	4 years
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount	$ 7
NQs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs, Capitalized Amount	$ 5

Stock-Based Compensation (Incen

Stock-Based Compensation (Incentive Equity Awards Granted By The Company) (Details) $ / shares in Units, shares in Millions	3 Months Ended
	Mar. 31, 2019USD ($)$ / sharesshares
RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Number of Units, Beginning Balance (shares)	0.9
Number of Units, Granted (shares)	0.5
Number of Units, Vested/exercised (shares)	0
Number of Units, Ending Balance (shares)	1.4	[1]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares	$ 50.54
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares	44.38
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares	0
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares	$ 48.09
Unrecognized compensation expense, maximum | $	$ 54,000,000
Incentive equity awards vesting ratably over a period, in years	3 years 5 months
PSUs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Number of Units, Beginning Balance (shares)	0
Number of Units, Granted (shares)	0.2
Number of Units, Vested/exercised (shares)	0
Number of Units, Ending Balance (shares)	0.2	[2]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares	$ 0
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares	44.38
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares	0
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares	$ 44.38
Unrecognized compensation expense, maximum | $	$ 7,000,000
Incentive equity awards vesting ratably over a period, in years	3 years 11 months
SSARs
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Number of Units, Beginning Balance (shares)	0.2
Number of Units, Granted (shares)	0
Number of Units, Vested/exercised (shares)	0
Number of Units, Ending Balance (shares)	0.2	[3]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares	$ 34.24
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares	0
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares	0
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares	$ 34.24
Unrecognized compensation expense, maximum | $	$ 0
Shares outstanding, expected to vest	0.2
NQs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $	$ 8.98
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]
Number of Units, Beginning Balance (shares)	0.8
Number of Units, Granted (shares)	0.6
Number of Units, Vested/exercised (shares)	0
Number of Units, Ending Balance (shares)	1.4	[4]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Weighted Average Grant Price, Beginning Balance (in dollars per share) | $ / shares	$ 48.71
Weighted Average Grant Price, Granted (in dollars per share) | $ / shares	44.38
Weighted Average Grant Price, Vested/exercised (in dollars per share) | $ / shares	0
Weighted Average Grant Price, Ending Balance (in dollars per share) | $ / shares	$ 46.84
Unrecognized compensation expense, maximum | $	$ 10,000,000
Incentive equity awards vesting ratably over a period, in years	3 years 6 months
[1]	Aggregate unrecognized compensation expense related to RSUs was $54 million as of March 31, 2019, which is expected to be recognized over a weighted average period of 3.4 years.
[2]	Maximum aggregate unrecognized compensation expense related to PSUs was $7 million as of March 31, 2019, which is expected to be recognized over a weighted average period of 3.9 years
[3]	There were 0.2 million SSARs that were exercisable as of March 31, 2019. There was no unrecognized compensation expense related to SSARs as of March 31, 2019 as all SSARs were vested.
[4]	Unrecognized compensation expense for NQs was $10 million as of March 31, 2019, which is expected to be recognized over a period of 3.5 years.

Stock-Based Compensation Stock-

Stock-Based Compensation Stock-Based Compensation (Details) - NQs - USD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value	$ 8.98
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 46.84	$ 48.71
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	29.97%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	6 years 3 months
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	2.59%

Segment Information (Summary Of

Segment Information (Summary Of Segment Information) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Net revenues
Net revenues		$ 918	$ 907
Reconciliation of Net income to Adjusted EBITDA
Net income attributable to Wyndham Destinations shareholders		80	34
Loss from operations of discontinued businesses, net of income taxes		0	7
Loss on disposal of discontinued businesses, net of income taxes		1	0
Provision for income taxes		31	24
Depreciation and amortization		31	37
Interest expense		41	45
Interest (income)		(2)	(1)
Separation and related costs	[1]	15	30
Restructuring		3	0
Legacy items		2	0
Stock-based compensation		3	13
Adjusted EBITDA		205	189
Adjusted EBITDA
Adjusted EBITDA		205	189
Segment Assets
Segment Assets	[2]	7,370		$ 7,158
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	[2]	270		203
Separation and Related Costs
Reconciliation of Net income to Adjusted EBITDA
Stock-based compensation		2	5
Operating Segments
Net revenues
Net revenues		919	907
Reconciliation of Net income to Adjusted EBITDA
Adjusted EBITDA		218	212
Adjusted EBITDA
Adjusted EBITDA		218	212
Segment Assets
Segment Assets	[2]	6,949		6,797
Corporate and Other
Net revenues
Net revenues	[3]	(1)	0
Reconciliation of Net income to Adjusted EBITDA
Adjusted EBITDA	[3]	(13)	(23)
Adjusted EBITDA
Adjusted EBITDA	[3]	(13)	(23)
Segment Assets
Segment Assets	[2]	151		158
Vacation Ownership | Operating Segments
Net revenues
Net revenues		683	661
Reconciliation of Net income to Adjusted EBITDA
Adjusted EBITDA		138	133
Adjusted EBITDA
Adjusted EBITDA		138	133
Segment Assets
Segment Assets	[2]	5,559		5,421
Exchange & Rentals | Operating Segments
Net revenues
Net revenues		236	246
Reconciliation of Net income to Adjusted EBITDA
Adjusted EBITDA		80	79
Adjusted EBITDA
Adjusted EBITDA		80	$ 79
Segment Assets
Segment Assets	[2]	$ 1,390		$ 1,376
[1]	Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018.
[2]	Excludes investment in consolidated subs.
[3]	Includes the elimination of transactions between segments

Separation and Transaction Cost

Separation and Transaction Costs (Narrative) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
Related Party Transaction [Line Items]
Separation and related costs	[1]	$ 15	$ 30
Discontinued Operations
Related Party Transaction [Line Items]
Separation and related costs			32
Discontinued Operations | Spin-Off, Hotel Group Business
Related Party Transaction [Line Items]
Separation and related costs		$ 15	$ 30
[1]	Includes $2 million of stock based compensation expenses for the three months ended March 31, 2019 and $5 million for the three months ended March 31, 2018.

Restructuring (Narrative) (Deta

Restructuring (Narrative) (Details) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2018USD ($)employee
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 3	$ 0
Restructuring liability	11		$ 12
Cash payments	(4)
Personnel-related
Restructuring Cost and Reserve [Line Items]
Restructuring charges	3
Restructuring liability	11		12
Cash payments	(4)
Facility-related
Restructuring Cost and Reserve [Line Items]
Restructuring liability	1
Restructuring Plan 2018 [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges			$ 16
Restructuring and Related Cost, Number of Positions Eliminated | employee			500
Restructuring Plan 2018 [Member] | Personnel-related
Restructuring Cost and Reserve [Line Items]
Restructuring liability	11
Cash payments	(4)		$ (4)
Restructuring Plan 2018 [Member] | Vacation Ownership [Member] | Personnel-related
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1		11
Restructuring Plan 2018 [Member] | Exchange & Rentals | Personnel-related
Restructuring Cost and Reserve [Line Items]
Restructuring charges			4
Restructuring Plan 2018 [Member] | Corporate and Other | Personnel-related
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 2		$ 1

Restructuring (Activity Related

Restructuring (Activity Related To The Restructuring Costs) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Cost and Reserve [Roll Forward]
Liability beginning balance	$ 12
Restructuring	3	$ 0
Cash Payments	(4)
Liability ending balance	11
Restructuring Costs, Gross [Member]
Restructuring Cost and Reserve [Roll Forward]
Restructuring	3
Personnel-related
Restructuring Cost and Reserve [Roll Forward]
Liability beginning balance	12
Restructuring	3
Cash Payments	(4)
Liability ending balance	$ 11

Transactions with Former Pare_2

Transactions with Former Parent and Former Subsidiaries (Narrative) (Details) £ in Millions, $ in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 31, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Mar. 31, 2019GBP (£)	Jun. 30, 2018USD ($)
Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Contingent and other corporate liabilities retained		0.25		0.25
Liabilities assumed		$ 14	$ 18
Tax liabilities assumed		12
Other contingent and corporate liabilities assumed		$ 2
Portion of certain contingent and corporate liabilities assumed		0.67		0.67
Portion of proceeds received from certain contingent and other corporate assets		0.67		0.67
Portion received at release of escrow		0.67		0.67
Portion of guarantees attributable to Wyndham Destinations		0.67		0.67
British Travel Association and Regulatory Authorities
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Secured bonding facility and perpetual guarantee		$ 46
Guarantee, fair value		22
Receivable from related party		7
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred	$ 27
Estimated Net Payable	$ 40
Accounts Payable, Related Parties			$ 40
Transaction Service Agreement [Member] | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party		2
Revenue from Related Parties		1
Sale Of European Vacation Rental Business | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Guarantee, fair value		2
Cash pooling arrangement, minimum amount maintained | £				£ 10
Related Party Transaction, Expenses from Transactions with Related Party		1
Revenue from Related Parties		1
Sale Of European Vacation Rental Business | European vacation rentals business | Accrued Expenses and Other Liabilities
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Guarantee, fair value		96
Sale Of European Vacation Rental Business | Barclays Bank PLC | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Escrow deposit					$ 5
Additional amount paid into escrow | £				£ 1
Sale Of European Vacation Rental Business | Financial Guarantee | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Secured bonding facility and perpetual guarantee		180
Sale Of European Vacation Rental Business | Indemnification Agreement | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Guarantee, fair value		$ 43
Cendant | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Responsible liability for separation agreement		37.50%
Realogy | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Responsible liability for separation agreement		62.50%
Wyndham Hotels And Resorts, Inc. [Member] | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Contingent and other corporate liabilities retained		0.33		0.33
Portion of certain contingent and corporate liabilities assumed		0.33		0.33
Portion of proceeds received from certain contingent and other corporate assets		0.33		0.33
Portion received at release of escrow		0.33		0.33
Wyndham Hotels And Resorts, Inc. [Member] | Sale Of European Vacation Rental Business | European vacation rentals business | Other Assets
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Guarantee, fair value		$ 23
Wyndham Hotels And Resorts, Inc. [Member] | Sale Of European Vacation Rental Business | Financial Guarantee | British Travel Association and Regulatory Authorities | Affiliated Entity
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Secured bonding facility and perpetual guarantee		81
Guarantee, fair value		39
Wyndham Hotels And Resorts, Inc. [Member] | Sale Of European Vacation Rental Business | Indemnification Agreement | Affiliated Entity | Other Assets
Separation Adjustments And Transactions With Former Parent And Subsidiaries [Line Items]
Guarantee, fair value		$ 14

Related Party Transactions Rela

Related Party Transactions Related Party Transactions (Details) (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Former Officer [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 45