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This excerpt taken from the WYN 10-Q filed May 7, 2009. Other
Income, Net
Other income, net increased $1 million during the three
months ended March 31, 2009 as compared to the same period
in 2008 as a result of higher gains associated with the sale of
non-strategic assets at our vacation ownership business.
These excerpts taken from the WYN 10-K filed Feb 27, 2009. Other
Income, Net
During 2008, other income, net increased $4 million due to
(i) $7 million of higher net earnings primarily from
equity investments, (ii) $2 million of income
associated with the assumption of a lodging-related credit card
marketing program obligation by a third-party,
(iii) $2 million of income associated with the sale of
a non-strategic asset at our lodging business and (iv) a
$1 million gain on the sale of assets. Such increases were
partially offset by the absence of an $8 million pre-tax
gain on the sale of certain vacation ownership properties and
related assets during 2007. Such amounts are included within our
segment EBITDA results.
Other
Income, Net
Other income, net includes the $8 million pre-tax gain on
the sale of certain vacation ownership properties and related
assets, as discussed above, partially offset by $1 million
primarily related to net losses from equity investments. All
such amounts are included within our segment EBITDA results.
This excerpt taken from the WYN 10-Q filed Nov 10, 2008. Other
Income, Net
During the nine months ended September 30, 2008, other
income, net increased $1 million due to
(i) $3 million of higher net earnings primarily from
equity investments, (ii) $2 million of income
associated with the extinguishment of an obligation relating to
an ancillary credit card marketing program,
(iii) $2 million of income associated with the sale of
a non-strategic asset at our lodging business and (iv) a
$1 million gain on the sale of assets. Such increases were
partially offset by the absence of a $7 million pre-tax
gain recorded during the third quarter of 2007 on the sale of
certain vacation ownership properties and related assets. Such
amounts are included within our segment EBITDA results.
This excerpt taken from the WYN 10-Q filed Aug 8, 2008. Other
Income, Net
During the six months ended June 30, 2008, other income,
net includes (i) $2 million of income associated with
the extinguishment of an obligation relating to an ancillary
credit card marketing program, (ii) $2 million of net
earnings
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primarily from equity investments and (iii) a
$1 million gain on the sale of assets. Such amounts are
included within our segment EBITDA results.
This excerpt taken from the WYN 10-Q filed May 8, 2008. Other
Income, Net
Other income, net includes $1 million of net earnings
primarily from equity investments and is included within our
segment EBITDA results.
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This excerpt taken from the WYN 10-K filed Feb 29, 2008. Other
Income, Net
Other income, net includes the $8 million pre-tax gain on
the sale of certain vacation ownership properties and related
assets, as discussed above, partially offset by $1 million
primarily related to net losses from equity investments. All
such amounts are included within our segment EBITDA results.
This excerpt taken from the WYN 10-Q filed Nov 8, 2007. Other
Income, Net
Other income, net includes the $7 million pre-tax gain on
the sale of certain vacation ownership properties and related
assets, as discussed above, and $1 million of net earnings
from equity investments. All such amounts are included within
our segment EBITDA results.
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