← MARRIOTT VACATIONS WORLDWIDE Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $137.3m $235.0m $55.0m $138.0m ($275.0m) $49.0m $391.0m $254.0m $218.0m ($308.0m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $52.0m $142.0m ($256.0m) $53.0m $391.0m $252.0m $217.0m ($307.0m)
Net Income (Loss) Attributable to Noncontrolling Interest — — ($3.0m) $4.0m $19.0m $4.0m $0 ($2.0m) ($1.0m) $1.0m
Depreciation and amortization — — $62.0m $141.0m $123.0m $146.0m $132.0m $135.0m $146.0m $149.0m
Amortization of Debt Issuance Costs $6.5m $4.7m $16.0m $19.0m $22.0m $56.0m $25.0m $23.0m $26.0m $24.0m
Depreciation $21.0m $21.0m — — — — — — — —
Amortization of Debt Issuance Costs and Discounts $6.5m $10.0m $16.0m $19.0m $22.0m $56.0m $25.0m $23.0m $26.0m $24.0m
Amortization of Intangible Assets — — $62.0m $141.0m $123.0m $146.0m $132.0m $61.0m $60.0m $62.0m
Capitalized Computer Software, Amortization — — — — — — — — — $6.0m
Deferred Income Tax Expense (Benefit) $40.0m ($58.0m) $57.0m $6.0m ($41.0m) $29.0m $82.0m ($60.0m) $34.0m ($103.0m)
Share-based Payment Arrangement, Noncash Expense $13.9m $16.0m $29.0m $33.0m $36.0m $51.0m $39.0m $31.0m $33.0m $38.0m
Share-based Payment Arrangement, Expense $13.9m $16.0m $35.0m $37.0m $37.0m $51.0m $39.0m $31.0m $33.0m $38.0m
Equity Method Investment, Other than Temporary Impairment — — — — — — — $8.0m $0 $2.0m
Goodwill, Impairment Loss — — — $0 — $0 $0 $0 $0 $159.0m
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — — — — $21.0m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — — — — $21.0m
Operating Lease, Impairment Loss — — — — — — — $16.0m $0 $2.0m
Gain (Loss) on Disposition of Property Plant Equipment $11.2m ($2.0m) ($1.0m) $18.0m $4.0m $0 $14.0m $0 $0 $59.0m
Income Tax Expense (Benefit) $85.6m $5.0m $51.0m $83.0m ($84.0m) $74.0m $191.0m $146.0m $89.0m $8.0m
Other Nonoperating Income (Expense) ($4.6m) — — $1.0m ($4.0m) $2.0m $1.0m ($3.0m) ($3.0m) $0
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories ($4.3m) ($45.0m) ($9.0m) ($65.0m) ($18.0m) ($61.0m) ($104.0m) ($87.0m) $33.0m ($27.0m)
Increase (Decrease) in Other Operating Assets ($11.1m) $21.0m ($21.0m) ($24.0m) ($44.0m) $46.0m $49.0m $44.0m $23.0m $56.0m
Deconsolidation, Gain (Loss), Amount — — — — — $168.0m $48.0m $0 $0 —
Foreign Currency Transaction Gain (Loss), before Tax — — — — — — — ($6.0m) $13.0m $22.0m
Gain (Loss) Related to Litigation Settlement $303k ($4.0m) ($46.0m) ($7.0m) ($6.0m) ($10.0m) ($11.0m) ($13.0m) ($17.0m) ($17.0m)
General and Administrative Expense $104.8m $110.0m $198.0m $300.0m $154.0m $227.0m $249.0m $273.0m $243.0m $242.0m
Goodwill — — $2.8b $2.9b $2.8b $3.1b $3.1b $3.1b $3.1b $3.0b
Inventory Write-down — — — — $6.0m — — — — —
Pension Cost (Reversal of Cost) $8.0m — — — — — — — — —
Proceeds from Stock Options Exercised $7k — — — — — — — — —
Provision for Loan, Lease, and Other Losses — — — — — — — $230.0m $279.0m $222.0m
Financing Receivable, Credit Loss, Expense (Reversal) $47.2m $52.0m $64.0m $112.0m — — — — — —
Restructuring Costs — — — — $25.0m — — — $10.0m $15.0m
Net Cash Provided by (Used in) Operating Activities $141.4m $142.0m $97.0m $382.0m $299.0m $343.0m $522.0m $232.0m $205.0m $28.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $34.8m $26.0m $40.0m $46.0m $41.0m $47.0m $65.0m $118.0m $57.0m $57.0m
Payments for (Proceeds from) Other Investing Activities — — — — — ($2.0m) ($2.0m) $0 $0 —
Net Cash Provided by (Used in) Investing Activities $34.2m ($38.0m) ($1.4b) $37.0m ($32.0m) ($213.0m) $16.0m ($112.0m) ($115.0m) ($70.0m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $177.8m $88.0m $96.0m $465.0m $82.0m $78.0m $701.0m $286.0m $56.0m $61.0m
Dividends paid $34.2m $38.0m $51.0m $81.0m $45.0m $23.0m $99.0m $106.0m $107.0m $110.0m
Dividends Payable, Current — — — — — — — — $28.0m $27.0m
Dividends Payable $9.5m $11.0m $21.0m $23.0m $0 $23.0m $27.0m $27.0m $28.0m $27.0m
Proceeds from (Payments for) Other Financing Activities $187k ($1.0m) $0 $1.0m $0 $0 $3.0m — — —
Net Cash Provided by (Used in) Financing Activities ($206.2m) $171.0m $1.4b ($331.0m) $23.0m ($317.0m) ($486.0m) ($401.0m) ($132.0m) $241.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $3.0m $0 ($1.0m) $1.0m ($2.0m) ($1.0m) $1.0m ($4.0m) $6.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($4.8m) $278.0m $123.0m $87.0m $291.0m ($189.0m) $51.0m ($280.0m) ($46.0m) $205.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $141.4m $491.0m $614.0m $701.0m $992.0m $803.0m $854.0m $574.0m $528.0m $733.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $23.2m $22.0m $55.0m $167.0m $176.0m $184.0m $149.0m $204.0m $247.0m $237.0m
Income Taxes Paid, Net $48.0m $49.0m $41.0m $53.0m ($32.0m) ($13.0m) $57.0m $141.0m $133.0m $143.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.