Marriott Vacations Worldwide Corporation (VAC)

VAC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	197	248	524	342	524	287
Cash & Short-Term Investments	197	248	524	342	524	287
Cash Growth	-25.66%	-52.67%	53.22%	-34.73%	82.58%	24.24%
Accounts Receivable	212	259	194	172	150	166
Other Receivables	92	86	79	85	111	119
Receivables	2,691	2,688	2,471	2,302	2,101	2,518
Inventory	769	634	660	719	802	897
Restricted Cash	350	326	330	461	468	414
Other Current Assets	36	40	19	22	15	38
Total Current Assets	4,043	3,936	4,004	3,846	3,910	4,154
Property, Plant & Equipment	1,165	1,337	1,241	1,232	922	860
Goodwill	3,117	3,117	3,117	3,150	2,817	2,892
Other Intangible Assets	807	854	911	993	952	1,027
Other Long-Term Assets	608	436	366	392	297	281
Total Assets	9,740	9,680	9,639	9,613	8,898	9,214
Accounts Payable	243	362	356	265	209	286
Accrued Expenses	466	446	506	438	368	432
Current Portion of Long-Term Debt	-	182	-	224	-	-
Current Portion of Leases	11	41	-	-	-	-
Current Unearned Revenue	167	164	158	160	147	187
Total Current Liabilities	887	1,195	1,020	1,087	724	905
Long-Term Debt	5,088	4,774	4,940	4,180	4,260	4,094
Long-Term Leases	308	250	200	191	146	165
Long-Term Unearned Revenue	350	382	344	453	488	433
Long-Term Deferred Tax Liabilities	372	280	331	350	274	300
Other Long-Term Liabilities	316	417	306	366	324	286
Total Liabilities	7,321	7,298	7,141	6,627	6,216	6,183
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	3,969	3,955	3,941	4,072	3,760	3,738
Retained Earnings	830	742	593	275	272	569
Treasury Stock	-2,370	-2,332	-2,054	-1,356	-1,334	-1,253
Comprehensive Income & Other	-11	16	15	-16	-48	-36
Total Common Equity	2,419	2,382	2,496	2,976	2,651	3,019
Minority Interest	-	-	2	10	31	12
Shareholders' Equity	2,419	2,382	2,498	2,986	2,682	3,031
Total Liabilities & Equity	9,740	9,680	9,639	9,613	8,898	9,214
Total Debt	5,407	5,247	5,140	4,595	4,406	4,259
Net Cash (Debt)	-5,210	-4,999	-4,616	-4,253	-3,882	-3,972
Net Cash Per Share	-123.39	-114.92	-102.12	-98.22	-94.00	-89.26
Filing Date Shares Outstanding	34.91	35.18	37.24	42.1	41.2	41.39
Total Common Shares Outstanding	34.95	35.32	37.48	42.28	41.09	41.58
Working Capital	3,156	2,741	2,984	2,759	3,186	3,249
Book Value Per Share	69.22	67.44	66.59	70.38	64.51	72.60
Tangible Book Value	-1,505	-1,589	-1,532	-1,167	-1,118	-900
Tangible Book Value Per Share	-43.07	-44.99	-40.87	-27.60	-27.21	-21.64
Land	-	428	420	441	285	267
Buildings	-	906	746	697	482	389
Machinery	-	139	119	136	95	94
Construction In Progress	-	52	91	37	68	62

Source: S&P Capital IQ. Standard template. Financial Sources.