10-Q Filing

CARVANA CO. CIK: 1690820 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001690820-23-000323`
Period End Date	20230930
Filing Date	20231102
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	cvna-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 72 Cash Flow Statement 90 Stockholders Equity 49

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$316.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$544.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$434.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$161.00M	USD	Point-in-time
Other current assets, due from related parties	`OtherAssetsCurrent`	$182.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$72.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$194.00M	USD	Point-in-time
Other current assets, due from related parties	`OtherAssetsCurrent`	$146.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$318.00M	USD	Point-in-time
Operating lease right-of-use asset, from leases with related party	`OperatingLeaseRightOfUseAsset`	$536.00M	USD	Point-in-time
Operating lease right-of-use asset, from leases with related party	`OperatingLeaseRightOfUseAsset`	$473.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$253.00M	USD	Point-in-time
Other assets, due from related parties	`OtherAssetsNoncurrent`	$259.00M	USD	Point-in-time
Other assets, due from related parties	`OtherAssetsNoncurrent`	$254.00M	USD	Point-in-time
Finance receivables held for sale, net	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$1.33B	USD	Point-in-time
Finance receivables held for sale, net	`LoansReceivableHeldForSaleNetNotPartOfDisposalGroup`	$650.00M	USD	Point-in-time
Vehicle inventory	`InventoryNet`	$1.08B	USD	Point-in-time
Accounts payable and accrued liabilities, due to related parties	`AccountsPayableAndAccruedLiabilitiesCurrent`	$681.00M	USD	Point-in-time
Vehicle inventory	`InventoryNet`	$1.88B	USD	Point-in-time
Accounts payable and accrued liabilities, due to related parties	`AccountsPayableAndAccruedLiabilitiesCurrent`	$777.00M	USD	Point-in-time
Beneficial interests in securitizations	`AvailableForSaleSecuritiesDebtSecurities`	$321.00M	USD	Point-in-time
Other current liabilities, from leases with related parties	`OtherLiabilitiesCurrent`	$80.00M	USD	Point-in-time
Beneficial interests in securitizations	`AvailableForSaleSecuritiesDebtSecurities`	$371.00M	USD	Point-in-time
Other current liabilities, from leases with related parties	`OtherLiabilitiesCurrent`	$85.00M	USD	Point-in-time
Operating lease liabilities, excluding current portion, from leases with related parties	`OperatingLeaseLiabilityNoncurrent`	$450.00M	USD	Point-in-time
Operating lease liabilities, excluding current portion, from leases with related parties	`OperatingLeaseLiabilityNoncurrent`	$507.00M	USD	Point-in-time
Other current assets, including $0 and $6, respectively, due from related parties	`OtherAssetsCurrent`	$182.00M	USD	Point-in-time
Other current assets, including $0 and $6, respectively, due from related parties	`OtherAssetsCurrent`	$146.00M	USD	Point-in-time
Other liabilities, related parties	`OtherLiabilitiesNoncurrent`	$78.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.19B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.59B	USD	Point-in-time
Other liabilities, related parties	`OtherLiabilitiesNoncurrent`	$77.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$3.05B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$3.24B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets, including $11 and $14, respectively, from leases with related parties	`OperatingLeaseRightOfUseAsset`	$536.00M	USD	Point-in-time
Operating lease right-of-use assets, including $11 and $14, respectively, from leases with related parties	`OperatingLeaseRightOfUseAsset`	$473.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$56.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$70.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets, including $0 and $1, respectively, due from related parties	`OtherAssetsNoncurrent`	$259.00M	USD	Point-in-time
Other assets, including $0 and $1, respectively, due from related parties	`OtherAssetsNoncurrent`	$254.00M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$7.03B	USD	Point-in-time
Total assets	`Assets`	$8.70B	USD	Point-in-time
Accounts payable and accrued liabilities, including $1 and $16, respectively, due to related parties	`AccountsPayableAndAccruedLiabilitiesCurrent`	$681.00M	USD	Point-in-time
Accounts payable and accrued liabilities, including $1 and $16, respectively, due to related parties	`AccountsPayableAndAccruedLiabilitiesCurrent`	$777.00M	USD	Point-in-time
Short-term revolving facilities	`LinesOfCreditCurrent`	$429.00M	USD	Point-in-time
Short-term revolving facilities	`LinesOfCreditCurrent`	$1.53B	USD	Point-in-time
Current portion of long-term debt	`NotesPayableCurrent`	$201.00M	USD	Point-in-time
Current portion of long-term debt	`NotesPayableCurrent`	$200.00M	USD	Point-in-time
Other current liabilities, including $3 and $4, respectively, from leases with related parties	`OtherLiabilitiesCurrent`	$80.00M	USD	Point-in-time
Other current liabilities, including $3 and $4, respectively, from leases with related parties	`OtherLiabilitiesCurrent`	$85.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.40B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.59B	USD	Point-in-time
Long-term debt, excluding current portion	`LongTermDebtNoncurrent`	$5.30B	USD	Point-in-time
Long-term debt, excluding current portion	`LongTermDebtNoncurrent`	$6.57B	USD	Point-in-time
Operating lease liabilities, excluding current portion, including $7 and $9, respectively, from leases with related parties	`OperatingLeaseLiabilityNoncurrent`	$450.00M	USD	Point-in-time
Operating lease liabilities, excluding current portion, including $7 and $9, respectively, from leases with related parties	`OperatingLeaseLiabilityNoncurrent`	$507.00M	USD	Point-in-time
Other liabilities, including $11 and $0, respectively, due to related parties	`OtherLiabilitiesNoncurrent`	$78.00M	USD	Point-in-time
Other liabilities, including $11 and $0, respectively, due to related parties	`OtherLiabilitiesNoncurrent`	$77.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.23B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.75B	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value - 50,000 shares authorized; none issued and outstanding as of September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value - 50,000 shares authorized; none issued and outstanding as of September 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.85B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.08B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.51B	USD	Point-in-time
Total stockholders' equity (deficit) attributable to Carvana Co.	`StockholdersEquity`	$339.00M	USD	Point-in-time
Total stockholders' equity (deficit) attributable to Carvana Co.	`StockholdersEquity`	$-518.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-541.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$-535.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$864.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.32B	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.05B	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.41B	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.00M	USD	Point-in-time
Total stockholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-202.00M	USD	Point-in-time
Total liabilities & stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$7.03B	USD	Point-in-time
Total liabilities & stockholders' deficit	`LiabilitiesAndStockholdersEquity`	$8.70B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.77B	USD	1 Quarter
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.77B	USD	3 Qtrs
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.39B	USD	1 Quarter
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.35B	USD	3 Qtrs
Cost of sales, to related parties	`CostOfGoodsAndServicesSold`	$9.71B	USD	3 Qtrs
Cost of sales, to related parties	`CostOfGoodsAndServicesSold`	$7.03B	USD	3 Qtrs
Cost of sales, to related parties	`CostOfGoodsAndServicesSold`	$2.29B	USD	1 Quarter
Cost of sales, to related parties	`CostOfGoodsAndServicesSold`	$3.03B	USD	1 Quarter
Selling, general and administrative expenses, to related parties	`SellingGeneralAndAdministrativeExpense`	$656.00M	USD	1 Quarter
Selling, general and administrative expenses, to related parties	`SellingGeneralAndAdministrativeExpense`	$433.00M	USD	1 Quarter
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.77B	USD	1 Quarter
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.77B	USD	3 Qtrs
Selling, general and administrative expenses, to related parties	`SellingGeneralAndAdministrativeExpense`	$2.10B	USD	3 Qtrs
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.39B	USD	1 Quarter
Selling, general and administrative expenses, to related parties	`SellingGeneralAndAdministrativeExpense`	$1.36B	USD	3 Qtrs
Net sales and operating revenues, from related parties	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.35B	USD	3 Qtrs
Cost of sales, including $1, $2, $3 and $20, respectively, to related parties	`CostOfGoodsAndServicesSold`	$9.71B	USD	3 Qtrs
Cost of sales, including $1, $2, $3 and $20, respectively, to related parties	`CostOfGoodsAndServicesSold`	$7.03B	USD	3 Qtrs
Cost of sales, including $1, $2, $3 and $20, respectively, to related parties	`CostOfGoodsAndServicesSold`	$2.29B	USD	1 Quarter
Cost of sales, including $1, $2, $3 and $20, respectively, to related parties	`CostOfGoodsAndServicesSold`	$3.03B	USD	1 Quarter
Gross profit	`GrossProfit`	$1.05B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.32B	USD	3 Qtrs
Gross profit	`GrossProfit`	$482.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$359.00M	USD	1 Quarter
Selling, general and administrative expenses, including $8, $7, $26 and $20, respectively, to related parties	`SellingGeneralAndAdministrativeExpense`	$656.00M	USD	1 Quarter
Selling, general and administrative expenses, including $8, $7, $26 and $20, respectively, to related parties	`SellingGeneralAndAdministrativeExpense`	$433.00M	USD	1 Quarter
Selling, general and administrative expenses, including $8, $7, $26 and $20, respectively, to related parties	`SellingGeneralAndAdministrativeExpense`	$2.10B	USD	3 Qtrs
Selling, general and administrative expenses, including $8, $7, $26 and $20, respectively, to related parties	`SellingGeneralAndAdministrativeExpense`	$1.36B	USD	3 Qtrs
Interest expense	`InterestExpense`	$333.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$153.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$153.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$467.00M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$878.00M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$878.00M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-68.00M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-58.00M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-508.00M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$377.00M	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$770.00M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-1.45B	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$1.00M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$29.00M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$27.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$741.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-105.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-508.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-439.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$350.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.45B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-506.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-286.00M	USD	1 Quarter
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-672.00M	USD	3 Qtrs
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-225.00M	USD	1 Quarter
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-214.00M	USD	3 Qtrs
Net loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-41.00M	USD	1 Quarter
Net income (loss) attributable to Carvana Co.	`NetIncomeLoss`	$564.00M	USD	3 Qtrs
Net income (loss) attributable to Carvana Co.	`NetIncomeLoss`	$782.00M	USD	1 Quarter
Net income (loss) attributable to Carvana Co.	`NetIncomeLoss`	$-283.00M	USD	1 Quarter
Net income (loss) attributable to Carvana Co.	`NetIncomeLoss`	$-781.00M	USD	3 Qtrs
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-7.88	USD	3 Qtrs
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$7.05	USD	1 Quarter
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$5.24	USD	3 Qtrs
Net earnings (loss) per share of Class A common stock, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.67	USD	1 Quarter
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.05	USD	1 Quarter
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-7.88	USD	3 Qtrs
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.24	USD	3 Qtrs
Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.67	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$741.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-105.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-508.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-439.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$350.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.45B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-506.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-286.00M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortizationExcludingDebtIssuanceCosts`	$270.00M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortizationExcludingDebtIssuanceCosts`	$179.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$52.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$57.00M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-8.00M	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-3.00M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$878.00M	USD	3 Qtrs
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$878.00M	USD	1 Quarter
Payment-in-kind interest expense	`PaidInKindInterest`	-	USD	3 Qtrs
Payment-in-kind interest expense	`PaidInKindInterest`	$46.00M	USD	3 Qtrs
Provision for bad debt and valuation allowance	`ProvisionForDoubtfulAccounts`	$11.00M	USD	3 Qtrs
Provision for bad debt and valuation allowance	`ProvisionForDoubtfulAccounts`	$34.00M	USD	3 Qtrs
Amortization and write-off of debt issuance costs and debt premium	`AmortizationAndWriteOffOfDebtIssuanceCosts`	$20.00M	USD	3 Qtrs
Amortization and write-off of debt issuance costs and debt premium	`AmortizationAndWriteOffOfDebtIssuanceCosts`	$20.00M	USD	3 Qtrs
Unrealized (gain) loss on warrants to acquire Root's Class A common stock	`FairValueAdjustmentOfWarrants`	$-3.00M	USD	3 Qtrs
Unrealized (gain) loss on warrants to acquire Root's Class A common stock	`FairValueAdjustmentOfWarrants`	$77.00M	USD	3 Qtrs
Unrealized (gain) loss on beneficial interests in securitization	`UnrealizedGainLossOnBeneficialInterestInSecuritization`	$12.00M	USD	3 Qtrs
Unrealized (gain) loss on beneficial interests in securitization	`UnrealizedGainLossOnBeneficialInterestInSecuritization`	$-1.00M	USD	3 Qtrs
Originations of finance receivables	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$5.69B	USD	3 Qtrs
Originations of finance receivables	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$4.51B	USD	3 Qtrs
Proceeds from sale of finance receivables, net	`ProceedsFromSaleOfLoansHeldForSale`	$5.63B	USD	3 Qtrs
Proceeds from sale of finance receivables, net	`ProceedsFromSaleOfLoansHeldForSale`	$5.21B	USD	3 Qtrs
Gain on loan sales	`GainLossOnSalesOfConsumerLoans`	$360.00M	USD	3 Qtrs
Gain on loan sales	`GainLossOnSalesOfConsumerLoans`	$361.00M	USD	3 Qtrs
Principal payments received on finance receivables held for sale	`ProceedsFromCollectionOfLoansHeldForSale`	$146.00M	USD	3 Qtrs
Principal payments received on finance receivables held for sale	`ProceedsFromCollectionOfLoansHeldForSale`	$160.00M	USD	3 Qtrs
Vehicle inventory	`IncreaseDecreaseInInventories`	$-638.00M	USD	3 Qtrs
Vehicle inventory	`IncreaseDecreaseInInventories`	$-777.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$73.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-40.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$75.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-27.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty`	$-84.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty`	$155.00M	USD	3 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$132.00M	USD	3 Qtrs
Operating lease right-of-use assets	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$-63.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$178.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiability`	$-52.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-7.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-585.00M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.04B	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$451.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.00M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$58.00M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$7.00M	USD	3 Qtrs
Payments for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.19B	USD	3 Qtrs
Principal payments received on and proceeds from sale of beneficial interests	`ProceedsFromPrincipalPaymentsReceivedAndProceedsFromSaleOfBeneficialInterestInSecuritizations`	$40.00M	USD	3 Qtrs
Principal payments received on and proceeds from sale of beneficial interests	`ProceedsFromPrincipalPaymentsReceivedAndProceedsFromSaleOfBeneficialInterestInSecuritizations`	$72.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$22.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.57B	USD	3 Qtrs
Proceeds from short-term revolving facilities	`ProceedsFromLinesOfCredit`	$5.76B	USD	3 Qtrs
Proceeds from short-term revolving facilities	`ProceedsFromLinesOfCredit`	$10.60B	USD	3 Qtrs
Payments on short-term revolving facilities	`RepaymentsOfLinesOfCredit`	$6.86B	USD	3 Qtrs
Payments on short-term revolving facilities	`RepaymentsOfLinesOfCredit`	$12.07B	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$110.00M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$3.44B	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$111.00M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfOtherLongTermDebt`	$470.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$52.00M	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$75.00M	USD	3 Qtrs
Net proceeds from issuance of Class A common stock and LLC Units	`ProceedsFromIssuanceOrSaleOfEquityExcludingStockOptions`	$1.23B	USD	3 Qtrs
Net proceeds from issuance of Class A common stock and LLC Units	`ProceedsFromIssuanceOrSaleOfEquityExcludingStockOptions`	$453.00M	USD	3 Qtrs
Proceeds from equity-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	3 Qtrs
Proceeds from equity-based compensation plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$4.00M	USD	3 Qtrs
Tax withholdings related to restricted stock units and awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	3 Qtrs
Tax withholdings related to restricted stock units and awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.99B	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.08B	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-159.00M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-12.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$616.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$636.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$628.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$616.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$636.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$628.00M	USD	Point-in-time

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$864.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.32B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.05B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.41B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.00M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-202.00M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$741.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-105.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-508.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-439.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$350.00M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-1.45B	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-506.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-286.00M	USD	1 Quarter
Adjustments to the non-controlling interests related to equity offering & Exchanges of LLC units	`MinorityInterestDecreaseFromRedemptions`	-	USD	1 Quarter
Adjustments to the non-controlling interests related to equity offering & Exchanges of LLC units	`MinorityInterestDecreaseFromRedemptions`	-	USD	1 Quarter
Adjustments to the non-controlling interests related to equity offering & Exchanges of LLC units	`MinorityInterestDecreaseFromRedemptions`	-	USD	1 Quarter
Adjustments to the non-controlling interests related to equity offering & Exchanges of LLC units	`MinorityInterestDecreaseFromRedemptions`	-	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.23B	USD	1 Quarter
Issuance of Class A common stock under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	-	USD	1 Quarter
Issuance of Class A common stock under ESPP	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$1.00M	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.00M	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.00M	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.00M	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Forfeitures of restricted stock and restricted stock surrendered in lieu of withholding taxes	`ShareBasedPaymentArrangementIncreaseForTaxWithholdingObligationNetOfAdjustment`	$5.00M	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.00M	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.00M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$864.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$52.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.32B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.05B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.41B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$374.00M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-202.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.