Travel & Leisure Co.
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 21, 2024
TNL$78.29+3.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements and Supplementary Data
INDEX TO ANNUAL CONSOLIDATED FINANCIAL STATEMENTS
| Page | |||
|---|---|---|---|
| Report of Independent Registered Public Accounting Firm | — PCAOB ID No. | 34 | 51 |
| Consolidated Statements of Income for the years ended December 31, 2023, 2022, and 2021 | 53 | ||
| Consolidated Statements of Comprehensive Income for the years ended December 31, 2023, 2022, and 2021 | 54 | ||
| Consolidated Balance Sheets as of December 31, 2023 and 2022 | 55 | ||
| Consolidated Statements of Cash Flows for the years ended December 31, 2023, 2022, and 2021 | 56 | ||
| Consolidated Statements of Deficit for the years ended December 31, 2023, 2022, and 2021 | 57 | ||
| Notes to Consolidated Financial Statements | 58 | ||
| 1. Background and Basis of Presentation | 58 | ||
| 2. Summary of Significant Accounting Policies | 58 | ||
| 3. Revenue Recognition | 62 | ||
| 4. Earnings Per Share | 66 | ||
| 5. Acquisitions | 67 | ||
| 6. Discontinued Operations | 68 | ||
| 7. Intangible Assets | 68 | ||
| 8. Income Taxes | 69 | ||
| 9. Vacation Ownership Contract Receivables | 71 | ||
| 10. Inventory | 74 | ||
| 11. Property and Equipment | 74 | ||
| 12. Leases | 75 | ||
| 13. Other Assets | 76 | ||
| 14. Accrued Expenses and Other Liabilities | 77 | ||
| 15. Debt | 77 | ||
| 16. Variable Interest Entities | 81 | ||
| 17. Fair Value | 82 | ||
| 18. Financial Instruments | 83 | ||
| 19. Commitments and Contingencies | 85 | ||
| 20. Accumulated Other Comprehensive Loss | 87 | ||
| 21. Stock-Based Compensation | 87 | ||
| 22. Employee Benefit Plans | 89 | ||
| 23. Segment Information | 89 | ||
| 24. COVID-19 Related Items | 91 | ||
| 25. Impairments and Other Charges | 92 | ||
| 26. Restructuring | 92 | ||
| 27. Transactions with Former Parent and Former Subsidiaries | 93 | ||
| 28. Related Party Transactions | 95 | ||
| 29. Subsequent Events | 95 | ||
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