The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 79 | -61 | 110 | 181 |
| Discontinued operation, gain (loss) on disposal of discontinued operation, net of tax | - | 0 | 0 | 0 |
| Asset impairments, net | - | 10 | - | - |
| Provision for loan losses | 100 | 119 | 146 | 219 |
| Loss on sale of business | - | 0 | - | - |
| Depreciation and amortization | 32 | 32 | 31 | 61 |
| Deferred income taxes | 29 | -62 | 18 | 23 |
| Inventory write-downs and impairments | 19 | 208 | 7 | 1 |
| Stock-based compensation | 13 | 19 | 12 | 26 |
| Non-cash interest | 6 | 6 | 6 | 12 |
| Non-cash lease expense | 3 | 3 | 3 | 7 |
| Other, net | -5 | -6 | 0 | -2 |
| Trade receivables | -18 | -8 | -9 | 14 |
| Vacation ownership contract receivables | 68 | 163 | 179 | 161 |
| Inventory | 78 | 27 | 25 | 16 |
| Prepaid expenses | 49 | -15 | -14 | 27 |
| Other assets | -27 | 37 | 5 | -18 |
| Accounts payable, accrued expenses, and other liabilities | -98 | 82 | 9 | 5 |
| Deferred income | 10 | -22 | 7 | 20 |
| Proceeds from sale of assets | - | 10 | 0 | 0 |
| Net cash provided by operating activities | 38 | 124 | 163 | 353 |
| Property and equipment additions | 19 | 32 | 27 | 58 |
| Other, net | - | 1 | - | - |
| Purchase of investments | 8 | 9 | 6 | 4 |
| Net cash used in investing activities - continuing operations | - | -107 | - | - |
| Proceeds from the sale of investments | 9 | 3 | 3 | 15 |
| Net cash provided by investing activities - discontinued operations | - | 0 | - | - |
| Acquisitions, net of cash acquired | 0 | 0 | 0 | 1 |
| Net cash used in investing activities | -18 | -29 | -30 | -48 |
| Proceeds from debt | - | - | 470 | 1,253 |
| Principal payments on debt | - | - | 691 | 1,095 |
| Proceeds from notes issued | - | - | 500 | - |
| Repayment of notes and term loans | - | - | 353 | 4 |
| Proceeds from non-recourse vacation ownership debt | 536 | 550 | 513 | 644 |
| Principal payments on non-recourse vacation ownership debt | 555 | 452 | 447 | 816 |
| Proceeds from debt, notes issued, and term loans | 812 | 2,673 | - | - |
| Principal payments on debt, notes, and term loans | 640 | 2,676 | - | - |
| Repurchase of common stock | 87 | 90 | 71 | 140 |
| Dividends paid to shareholders | 41 | 35 | 36 | 78 |
| Net share settlement of incentive equity awards | 16 | 0 | 1 | 13 |
| Payment of deferred acquisition consideration | - | 0 | 0 | 0 |
| Repayments of vacation ownership inventory arrangement | - | 0 | - | - |
| Proceeds from vacation ownership inventory arrangement | - | 25 | - | - |
| Debt issuance/modification costs | 6 | 5 | 10 | 12 |
| Proceeds from issuance of common stock | 4 | 7 | 20 | 7 |
| Other, net | 1 | - | - | -1 |
| Net cash provided by/(used in) financing activities | 7 | -83 | -105 | -255 |
| Effect of changes in exchange rates on cash, cash equivalents and restricted cash | 3 | 0 | -1 | 8 |
| Net change in cash, cash equivalents and restricted cash | 30 | 12 | 27 | 58 |
| Cash, cash equivalents and restricted cash, beginning of period | 426 | 414 | 329 | - |
| Cash, cash equivalents and restricted cash, end of period | 456 | 426 | 414 | - |
| Less restricted cash | 202 | - | - | - |
| Cash and cash equivalents | 254 | - | - | - |
Travel & Leisure Co. (TNL)
Travel & Leisure Co. (TNL)