Marriott Vacations Worldwide Corporation (VAC) Financial Statements (2023 and earlier)

Company Profile

Business Address 9002 SAN MARCO COURT
ORLANDO, FL 32819
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6531 - Real Estate Agents and Managers (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5242943243543424481,312
Cash and cash equivalents5242943243543424481,312
Total current assets:5242943243543424481,312
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization88   89  
Operating lease, right-of-use asset102   96  
Inventory, real estate      824
Property, plant and equipment1,376   1,311  
Intangible assets, net (including goodwill)4,0284,0414,0584,1204,1434,0934,133
Goodwill3,1173,1173,1173,1423,1503,0863,116
Intangible assets, net (excluding goodwill)9119249419789931,0071,017
Total noncurrent assets:5,5944,0414,0584,1205,6394,0934,957
Other undisclosed assets3,5214,9024,9585,0293,6325,0024,145
TOTAL ASSETS:9,6399,2379,3409,5039,6139,54310,414
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt331374342333350325347
Deferred income tax liabilities331374342333350325347
Total noncurrent liabilities:331374342333350325347
Other undisclosed liabilities6,8106,2356,2526,3466,2776,2147,055
Total liabilities:7,1416,6096,5946,6796,6276,5397,402
Equity
Equity, attributable to parent2,4962,6262,7452,8142,9762,9732,982
Common stock1111111
Treasury stock, value(2,054)(1,882)(1,666)(1,474)(1,356)(1,282)(1,278)
Additional paid in capital3,9413,9683,9633,9454,0724,0564,047
Accumulated other comprehensive income (loss)156(1)4(16)(39)(38)
Retained earnings593533448338275237250
Equity, attributable to noncontrolling interest22110103130
Total equity:2,4982,6282,7462,8242,9863,0043,012
TOTAL LIABILITIES AND EQUITY:9,6399,2379,3409,5039,6139,54310,414

Income Statement (P&L) ($ in millions)

12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
Revenues1,1881,2521,1641,0521,1001,052979
Cost of revenue(631)(645)(579)(577)(599)(586)(540)
Gross profit:557607585475501466439
Operating expenses(361)(367)(378)(334)(336)(310)(330)
Operating income:196240207141165156109
Nonoperating income (expense)49(1)1 8111
Investment income, nonoperating    81  
Other nonoperating income (expense) (1)1  11
Other undisclosed loss from continuing operations before equity method investments, income taxes(4)   (1)  
Income from continuing operations before equity method investments, income taxes:241239208141245157110
Other undisclosed loss from continuing operations before income taxes(247)   (492)  
Income (loss) from continuing operations before income taxes:(6)239208141(247)157110
Income tax expense(57)(59)(43)(32)(11)(47)(27)
Income (loss) from continuing operations:(63)180165109(258)11083
Income (loss) before gain (loss) on sale of properties:180165109(258)11083
Other undisclosed net income (loss)151(70)(30)(51)317(99)(75)
Net income:881101355859118
Net income (loss) attributable to noncontrolling interest (1)1 2(1)(2)
Net income available to common stockholders, basic:881091365861106
Other undisclosed net income available to common stockholders, diluted1121   
Net income available to common stockholders, diluted:891101385961106

Comprehensive Income ($ in millions)

12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
Net income:881101355859118
Other comprehensive income (loss)97(5)2023(1)7
Comprehensive income:9711713078821015
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1)1 2(1)(2)
Comprehensive income, net of tax, attributable to parent:971161317884913

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: