VAC: the balance sheet

MyFinsight

For the year ending 2025-12-31, VAC has $9,757M in assets. $7,764M in debts. $406M in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	406
Restricted cash (including 81 and 82 from vies, respectively)	327
Accounts and contracts receivable, net (including 15 and 16 from vies, respectively)	428
Vacation ownership notes receivable, net (including 1,900 and 1,917 from vies, respectively)	2,565
Inventory	692
Property and equipment, net	950
Goodwill	2,958
Finite-lived intangible assets, gross	1,101
Accumulated amortization	432
Finite-lived intangible assets, net	669
Indefinite-lived intangible assets-Trade Names	42
Intangibles, net	711
Other (including 168 and 131 from vies, respectively)	720
Total assets	9,757

Accounts payable	358
Advance deposits	163
Accrued liabilities (including 4 and 4 from vies, respectively)	376
Deferred revenue and other	371
Payroll and benefits liability	218
Deferred compensation liability	225
Securitized debt, net (including 2,173 and 2,163 from vies, respectively)	2,146
Debt, net	3,534
Other	142
Deferred taxes	231
Total liabilities	7,764
Common stock 0.01 par value 100,000,000 shares authorized 75,891,531 and 75,852,678 shares issued, respectively	1
Treasury stock at cost 41,767,498 and 40,974,753 shares, respectively	2,427
Additional paid-in capital	3,996
Accumulated other comprehensive income	-11
Retained earnings	434
Total mvw stockholders' equity	1,993
Noncontrolling interests	0
Total equity	1,993
Total liabilities and equity	9,757

Unit: Million (M) dollars (except for numbers of shares and EPS).