Travel + Leisure Co. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	253	167	282	550	369
Short-Term Investments	35	34	24	34	47
Cash & Short-Term Investments	288	201	306	584	416
Cash Growth	43.28%	-34.31%	-47.60%	40.38%	-66.04%
Accounts Receivable	2,803	2,774	2,706	2,530	2,440
Other Receivables	119	126	136	68	62
Receivables	2,922	2,900	2,842	2,598	2,502
Inventory	1,128	1,227	1,135	1,193	1,216
Prepaid Expenses	214	214	229	202	227
Restricted Cash	173	162	176	138	128
Other Current Assets	28	19	18	23	2
Total Current Assets	4,753	4,723	4,706	4,738	4,491
Property, Plant & Equipment	454	482	554	575	612
Long-Term Investments	18	18	19	18	21
Goodwill	972	966	962	955	961
Other Intangible Assets	363	365	346	352	375
Long-Term Deferred Tax Assets	27	23	23	23	25
Long-Term Deferred Charges	121	108	109	91	89
Other Long-Term Assets	52	50	19	5	14
Total Assets	6,760	6,735	6,738	6,757	6,588
Accounts Payable	62	67	73	65	62
Accrued Expenses	471	445	409	416	420
Current Portion of Long-Term Debt	901	-	-	400	-
Current Portion of Leases	35	-	-	-	5
Current Income Taxes Payable	74	60	65	80	106
Other Current Liabilities	-	-	-	43	14
Total Current Liabilities	1,543	572	547	1,004	607
Long-Term Debt	4,704	5,570	5,626	5,231	5,304
Long-Term Leases	119	100	107	122	140
Long-Term Unearned Revenue	468	457	442	399	382
Long-Term Deferred Tax Liabilities	704	722	687	679	686
Other Long-Term Liabilities	204	194	246	226	263
Total Liabilities	7,742	7,615	7,655	7,661	7,382
Common Stock	3	2	2	2	2
Additional Paid-In Capital	4,405	4,328	4,279	4,242	4,192
Retained Earnings	2,412	2,334	2,067	1,808	1,587
Treasury Stock	-7,735	-7,433	-7,196	-6,886	-6,534
Comprehensive Income & Other	-66	-112	-70	-79	-48
Total Common Equity	-981	-881	-918	-913	-801
Minority Interest	-1	1	1	9	7
Shareholders' Equity	-982	-880	-917	-904	-794
Total Liabilities & Equity	6,760	6,735	6,738	6,757	6,588
Total Debt	5,759	5,670	5,733	5,753	5,449
Net Cash (Debt)	-5,471	-5,469	-5,427	-5,169	-5,033
Net Cash Per Share	-81.78	-77.36	-72.36	-61.39	-57.65
Filing Date Shares Outstanding	62.4	66.7	71.03	77.56	85.71
Total Common Shares Outstanding	63.06	67.12	71.43	78.4	85.93
Working Capital	3,210	4,151	4,159	3,734	3,884
Book Value Per Share	-15.56	-13.13	-12.85	-11.65	-9.32
Tangible Book Value	-2,316	-2,212	-2,226	-2,220	-2,137
Tangible Book Value Per Share	-36.73	-32.95	-31.16	-28.32	-24.87
Land	20	28	28	30	30
Buildings	564	625	665	671	653
Machinery	120	144	168	192	204
Construction In Progress	9	21	24	8	18

Source: S&P Global Market Intelligence. Standard template. Financial Sources.