Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies Operating Leases (Tables)

v3.10.0.1
Commitments and Contingencies Operating Leases (Tables)
12 Months Ended
Dec. 31, 2018
Operating Leases [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases
Wyndham Hotels has noncancelable operating lease commitments covering various facilities and equipment. Future minimum lease payments required under noncancelable operating leases as of December 31, 2018 are as follows:
 
Noncancelable Operating Leases
2019
$
6

2020
4

2021
3

2022
2

 
$
15

Wyndham Hotels incurred total rent expense of $8 million, $5 million and $4 million during 2018, 2017 and 2016, respectively.
Schedule of Guarantees
The table below summaries the post-closing credit support guarantees related to the sale of the European Vacation Rentals business, the fair values of such guarantees and the receivables from its former Parent representing two-thirds of such guarantees at December 31, 2018:

 
Guarantees
 
Fair Value of Guarantees
 
Receivable from former Parent
Post-closing credit support at time of sale
$
87

 
$
41

 
$
27

Additional post-closing credit support
46

 
22

 
15

Release of post-closing credit support
(3
)
 
(1
)
 
(1
)
Total
$
130

 
$
62

 
$
41