| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 240 | 212 | ||
| Restricted cash (vie - 87 as of 2025 and 92 as of 2024) | 174 | 175 | ||
| Trade receivables, net | 173 | 175 | ||
| Non-securitized contract receivables | 3,246 | - | ||
| Financing receivable, allowance for credit loss | 654 | - | ||
| Vacation ownership contract receivables, net (vie - 2,170 as of 2025 and 2,293 as of 2024) | 2,592 | 2,568 | ||
| Inventory | 1,269 | 1,252 | ||
| Prepaid expenses | 230 | 244 | ||
| Property and equipment, net | 597 | 592 | ||
| Goodwill | 971 | 972 | ||
| Other intangibles, net | 204 | 208 | ||
| Other assets | 442 | 411 | ||
| Total assets | 6,892 | 6,809 | ||
| Accounts payable | 66 | 69 | ||
| Accrued expenses and other liabilities | 817 | 778 | ||
| Deferred income | 489 | 483 | ||
| Non-recourse vacation ownership debt (vie) | 2,024 | 1,959 | ||
| Debt | 3,554 | 3,628 | ||
| Deferred income taxes | 763 | 745 | ||
| Total liabilities | 7,713 | 7,662 | ||
| Common stock, 0.01 par value, 600,000,000 shares authorized, 225,810,548 issued as of 2025 and 224,599,556 as of 2024 | 3 | 3 | ||
| Treasury stock, at cost 161,482,044 shares as of 2025 and 157,476,502 shares as of 2024 | 7,645 | 7,574 | ||
| Additional paid-in capital | 4,380 | 4,348 | ||
| Retained earnings | 2,510 | 2,437 | ||
| Accumulated other comprehensive loss | -69 | -66 | ||
| Total stockholders (deficit) | -821 | -852 | ||
| Noncontrolling interest | 0 | -1 | ||
| Total (deficit) | -821 | -853 | ||
| Total liabilities and (deficit) | 6,892 | 6,809 | ||
Travel & Leisure Co. (TNL)
Travel & Leisure Co. (TNL)