10-Q Filing

HILTON GRAND VACATIONS INC. CIK: 1674168 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-036943`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	hgv-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 56 Cash Flow Statement 96 Stockholders Equity 53 Comprehensive Income 26

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$425.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$223.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$319.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$332.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$308.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $69 and $52	`AccountsReceivableNetCurrent`	$441.00M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $69 and $52	`AccountsReceivableNetCurrent`	$511.00M	USD	Point-in-time
Timeshare financing receivables, net	`NotesReceivableNet`	$1.82B	USD	Point-in-time
Timeshare financing receivables, net	`NotesReceivableNet`	$1.77B	USD	Point-in-time
Inventory	`InventoryRealEstate`	$1.16B	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$52.00M	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivable`	$69.00M	USD	Point-in-time
Inventory	`InventoryRealEstate`	$1.31B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$798.00M	USD	Point-in-time
Total assets	`Assets`	$8.00B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$789.00M	USD	Point-in-time
Total assets	`Assets`	$8.01B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.86B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$76.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$62.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.85B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$72.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investments in unconsolidated affiliates	`EquityMethodInvestments`	$74.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.42B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300.00M	shares	Point-in-time
Goodwill	`Goodwill`	$1.42B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	300.00M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.28B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$1.19B	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets	`OtherAssets`	$373.00M	USD	Point-in-time
Other assets	`OtherAssets`	$377.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
TOTAL ASSETS (variable interest entities - $989 and $948)	`Assets`	$8.00B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
TOTAL ASSETS (variable interest entities - $989 and $948)	`Assets`	$8.01B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	3.00B	shares	Point-in-time
Accounts payable, accrued expenses and other	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$942.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	108.63M	shares	Point-in-time
Accounts payable, accrued expenses and other	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.01B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	113.63M	shares	Point-in-time
Advanced deposits	`ContractWithCustomerLiabilityAdvancesAndDeposits`	$185.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	113.63M	shares	Point-in-time
Advanced deposits	`ContractWithCustomerLiabilityAdvancesAndDeposits`	$150.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	108.63M	shares	Point-in-time
Debt, net	`LongTermDebt`	$2.73B	USD	Point-in-time
Debt, net	`LongTermDebt`	$2.65B	USD	Point-in-time
Non-recourse debt, net	`LongTermDebtNonRecourseNet`	$1.04B	USD	Point-in-time
Non-recourse debt, net	`LongTermDebtNonRecourseNet`	$1.10B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$94.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiability`	$80.00M	USD	Point-in-time
Deferred revenues	`DeferredRevenue`	$190.00M	USD	Point-in-time
Deferred revenues	`DeferredRevenue`	$229.00M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$659.00M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$657.00M	USD	Point-in-time
Total liabilities (variable interest entities - $1,040 and $1,005)	`Liabilities`	$5.86B	USD	Point-in-time
Total liabilities (variable interest entities - $1,040 and $1,005)	`Liabilities`	$5.85B	USD	Point-in-time
Commitments and contingencies - see Note 17	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies - see Note 17	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 3,000,000,000 authorized shares, 108,628,081 shares issued and outstanding as of September 30, 2023 and 113,628,706 shares issued and outstanding as of December 31, 2022	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock, $0.01 par value; 3,000,000,000 authorized shares, 108,628,081 shares issued and outstanding as of September 30, 2023 and 113,628,706 shares issued and outstanding as of December 31, 2022	`CommonStockValue`	$1.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.53B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.58B	USD	Point-in-time
Accumulated retained earnings	`RetainedEarningsAccumulatedDeficit`	$588.00M	USD	Point-in-time
Accumulated retained earnings	`RetainedEarningsAccumulatedDeficit`	$529.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$39.00M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$24.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.16B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.13B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.10B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.15B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.99B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.08B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.15B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$8.01B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$8.00B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$1.02B	USD	1 Quarter
Total revenues	`Revenues`	$2.96B	USD	3 Qtrs
Total revenues	`Revenues`	$1.12B	USD	1 Quarter
Total revenues	`Revenues`	$2.84B	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$130.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$50.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$40.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$158.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$156.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$181.00M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$3.00M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$879.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$838.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$2.36B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$2.50B	USD	3 Qtrs
Interest expense	`InterestExpense`	$37.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$105.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$133.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$45.00M	USD	1 Quarter
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$7.00M	USD	3 Qtrs
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$9.00M	USD	3 Qtrs
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Other (loss) gain, net	`OtherNonoperatingIncomeExpense`	$3.00M	USD	3 Qtrs
Other (loss) gain, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Other (loss) gain, net	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
Other (loss) gain, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$341.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$389.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$136.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$115.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$96.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$54.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$245.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$274.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$92.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.26	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.21	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.23	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.24	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.83	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.18	USD	3 Qtrs

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$245.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$274.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$92.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$156.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$53.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$57.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$181.00M	USD	3 Qtrs
Amortization of deferred financing costs, acquisition premiums and other	`AmortizationOfFinancingCosts`	$22.00M	USD	3 Qtrs
Amortization of deferred financing costs, acquisition premiums and other	`AmortizationOfFinancingCosts`	$34.00M	USD	3 Qtrs
Provision for financing receivables losses	`ProvisionForLoanLossesExpensed`	$103.00M	USD	3 Qtrs
Provision for financing receivables losses	`ProvisionForLoanLossesExpensed`	$117.00M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$3.00M	USD	3 Qtrs
Other (gain) loss, net	`OtherNoncashIncomeExpense`	$3.00M	USD	3 Qtrs
Other (gain) loss, net	`OtherNoncashIncomeExpense`	$-1.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$38.00M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$40.00M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.00M	USD	3 Qtrs
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$7.00M	USD	3 Qtrs
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$9.00M	USD	3 Qtrs
Equity in earnings from unconsolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Cash distribution received from investment	`ProceedsFromInvestment`	-	USD	3 Qtrs
Cash distribution received from investment	`ProceedsFromInvestment`	$6.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$64.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-70.00M	USD	3 Qtrs
Timeshare financing receivables, net	`IncreaseDecreaseInFinanceReceivables`	$210.00M	USD	3 Qtrs
Timeshare financing receivables, net	`IncreaseDecreaseInFinanceReceivables`	$141.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$37.00M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-101.00M	USD	3 Qtrs
Purchases and development of real estate for future conversion to inventory	`IncreaseDecreaseInLandBuildingsAndImprovements`	$28.00M	USD	3 Qtrs
Purchases and development of real estate for future conversion to inventory	`IncreaseDecreaseInLandBuildingsAndImprovements`	$4.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$21.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$67.00M	USD	3 Qtrs
Accounts payable, accrued expenses and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-75.00M	USD	3 Qtrs
Accounts payable, accrued expenses and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$257.00M	USD	3 Qtrs
Advanced deposits	`IncreaseDecreaseInAdvancedCustomerDeposit`	$35.00M	USD	3 Qtrs
Advanced deposits	`IncreaseDecreaseInAdvancedCustomerDeposit`	$25.00M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$47.00M	USD	3 Qtrs
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$-13.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$312.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$763.00M	USD	3 Qtrs
Capital expenditures for property and equipment (excluding inventory)	`PaymentsToAcquirePropertyPlantAndEquipment`	$25.00M	USD	3 Qtrs
Capital expenditures for property and equipment (excluding inventory)	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.00M	USD	3 Qtrs
Software capitalization costs	`PaymentsForSoftware`	$26.00M	USD	3 Qtrs
Software capitalization costs	`PaymentsForSoftware`	$29.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.00M	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Proceeds from debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$438.00M	USD	3 Qtrs
Proceeds from non-recourse debt	`ProceedsFromIssuanceOfSecuredDebt`	$468.00M	USD	3 Qtrs
Proceeds from non-recourse debt	`ProceedsFromIssuanceOfSecuredDebt`	$671.00M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfSeniorDebt`	$370.00M	USD	3 Qtrs
Repayment of debt	`RepaymentsOfSeniorDebt`	$310.00M	USD	3 Qtrs
Repayment of non-recourse debt	`RepaymentsOfSecuredDebt`	$824.00M	USD	3 Qtrs
Repayment of non-recourse debt	`RepaymentsOfSecuredDebt`	$528.00M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.00M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$268.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$162.00M	USD	3 Qtrs
Payment of withholding taxes on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	3 Qtrs
Payment of withholding taxes on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$14.00M	USD	3 Qtrs
Proceeds from employee stock plan purchases	`ProceedsFromStockPlans`	$4.00M	USD	3 Qtrs
Proceeds from employee stock plan purchases	`ProceedsFromStockPlans`	$2.00M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$9.00M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$1.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-644.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-270.00M	USD	3 Qtrs
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.00M	USD	3 Qtrs
Effect of changes in exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-19.00M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-20.00M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$49.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$535.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$555.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$744.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$695.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$535.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$555.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$744.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$695.00M	USD	Point-in-time
Less: Restricted cash	`RestrictedCash`	$319.00M	USD	Point-in-time
Less: Restricted cash	`RestrictedCash`	$332.00M	USD	Point-in-time
Less: Restricted cash	`RestrictedCash`	$308.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$425.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$223.00M	USD	Point-in-time

Stockholders Equity 53 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	113.63M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	108.63M	shares	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.16B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.10B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.15B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$1.99B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.15B	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.06B	USD	Point-in-time
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$245.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$274.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$92.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$16.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$3.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$4.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$13.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$16.00M	USD	1 Quarter
Activity related to share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$14.00M	USD	1 Quarter
Employee stock plan issuance	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.00M	USD	1 Quarter
Employee stock plan issuance	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$2.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00M	USD	3 Qtrs
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$17.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$10.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$22.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$4.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$5.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsBeforeTaxParent`	$-10.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$63.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$85.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$122.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$89.00M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$83.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	113.63M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	108.63M	shares	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.16B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.10B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.15B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$1.99B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.08B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.15B	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.06B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$245.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$274.00M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$92.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$51.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$73.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$80.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent`	$4.00M	USD	1 Quarter
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent`	$-1.00M	USD	3 Qtrs
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent`	$49.00M	USD	3 Qtrs
Derivative instrument adjustments, net of tax	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent`	$17.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-10.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-11.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-17.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$32.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-15.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$306.00M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$156.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$92.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$230.00M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.