MARRIOTT VACATIONS WORLDWIDE Corp
For the period ended Dec 31, 2024. Filed Feb 28, 2025.
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FY2024 · Filed Feb 28, 2025
VAC$115.13+4.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
Fiscal Year-End 2024 and 2023
(In millions, except share and per share data)
| 2024 | 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $197 | $248 |
| Restricted cash (including $82 and $79 from VIEs, respectively) | 331 | 326 |
| Accounts and contracts receivable, net (including $16 and $15 from VIEs, respectively) | 387 | 385 |
| Vacation ownership notes receivable, net (including $1,917 and $1,912 from VIEs, respectively) | 2,440 | 2,343 |
| Inventory | 735 | 634 |
| Property and equipment, net | 1,170 | 1,260 |
| Goodwill | 3,117 | 3,117 |
| Intangibles, net | 790 | 854 |
| Other (including $131 and $99 from VIEs, respectively) | 641 | 513 |
| TOTAL ASSETS | $9,808 | $9,680 |
| LIABILITIES AND EQUITY | ||
| Accounts payable | $343 | $362 |
| Advance deposits | 162 | 164 |
| Accrued liabilities (including $4 and $4 from VIEs, respectively) | 384 | 343 |
| Deferred revenue | 354 | 382 |
| Payroll and benefits liability | 220 | 205 |
| Deferred compensation liability | 195 | 168 |
| Securitized debt, net (including $2,163 and $2,121 from VIEs, respectively) | 2,136 | 2,096 |
| Debt, net | 3,089 | 3,049 |
| Other | 139 | 249 |
| Deferred taxes | 345 | 280 |
| TOTAL LIABILITIES | 7,367 | 7,298 |
| Contingencies and Commitments (Note 13) | ||
| Preferred stock — $0.01 par value; 2,000,000 shares authorized; none issued or outstanding | — | — |
| Common stock — $0.01 par value; 100,000,000 shares authorized; 75,852,678 and 75,807,882 shares issued, respectively | 1 | 1 |
| Treasury stock — at cost; 40,974,753 and 40,488,576 shares, respectively | (2,378) | (2,332) |
| Additional paid-in capital | 3,975 | 3,955 |
| Accumulated other comprehensive (loss) income | (8) | 16 |
| Retained earnings | 852 | 742 |
| TOTAL MVW STOCKHOLDERS' EQUITY | 2,442 | 2,382 |
| Noncontrolling interests | (1) | — |
| TOTAL EQUITY | 2,441 | 2,382 |
| TOTAL LIABILITIES AND EQUITY | $9,808 | $9,680 |
The abbreviation VIEs above means Variable Interest Entities.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.