Hilton Grand Vacations Inc
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
HGV$45.54+2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of December 31, 202 and
(in millions, except share and per share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| Cash and cash equivalents | $328 | $589 |
| Restricted cash | 438 | 296 |
| Accounts receivable, net | 315 | 507 |
| Timeshare financing receivables, net | 3,006 | 2,113 |
| Inventory | 2,244 | 1,400 |
| Property and equipment, net | 792 | 758 |
| Operating lease right-of-use assets, net | 84 | 61 |
| Investments in unconsolidated affiliates | 73 | 71 |
| Goodwill | 1,985 | 1,418 |
| Intangible assets, net | 1,787 | 1,158 |
| Other assets | 390 | 314 |
| TOTAL ASSETS (variable interest entities - $2,192 in 2024 and $1,459 in 2023) | $11,442 | $8,685 |
| LIABILITIES AND EQUITY | ||
| Accounts payable, accrued expenses and other | $1,125 | $952 |
| Advanced deposits | 226 | 179 |
| Debt, net | 4,601 | 3,049 |
| Non-recourse debt, net | 2,318 | 1,466 |
| Operating lease liabilities | 100 | 78 |
| Deferred revenues | 252 | 215 |
| Deferred income tax liabilities | 925 | 631 |
| Total liabilities (variable interest entities - $2,318 in 2024 and $1,472 in 2023) | 9,547 | 6,570 |
| Equity: | ||
| Preferred stock, $0.01 par value; 300,000,000 authorized shares, none issued or outstanding as of December 31, 2024 and 2023 | — | — |
| Common stock, $0.01 par value; 3,000,000,000 authorized shares, 96,720,179 shares issued and outstanding as of December 31, 2024, and 105,961,160 shares issued and outstanding as of December 31, 2023 | 1 | 1 |
| Additional paid-in capital | 1,399 | 1,504 |
| Accumulated retained earnings | 352 | 593 |
| Accumulated other comprehensive income | — | 17 |
| Total stockholders' equity | 1,752 | 2,115 |
| Noncontrolling interest | 143 | — |
| Total equity | 1,895 | 2,115 |
| TOTAL LIABILITIES AND EQUITY | $11,442 | $8,685 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.