MARRIOTT VACATIONS WORLDWIDE Corp
For the period ended Dec 31, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
VAC$115.68+0.5%Stored close · as of Nov 10, 2026
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10. Property and Equipment
- PROPERTY AND EQUIPMENT
The following table details the composition of our property and equipment balances:
| ($ in millions) | At Year-End 2023 | At Year-End 2022 |
|---|---|---|
| Land and land improvements | $428 | $420 |
| Buildings and leasehold improvements | 906 | 746 |
| Furniture, fixtures and other equipment | 139 | 119 |
| Information technology | 393 | 389 |
| Construction in progress | 52 | 91 |
| 1,918 | 1,765 | |
| Accumulated depreciation | (658) | (626) |
| $1,260 | $1,139 |
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