10-Q Filing

CARMAX INC CIK: 1170010 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001170010-19-000148`
Period End Date	20190831
Filing Date	20191004
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	q2fy2010-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 58 Cash Flow Statement 86 Stockholders Equity 45 Comprehensive Income 24

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.94M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	164.89M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	167.48M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.74M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$447.64M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	164.89M	shares	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$483.37M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$440.67M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.20B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$139.85M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$141.09M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.30B	USD	Point-in-time
Inventory	`InventoryNet`	$2.60B	USD	Point-in-time
Inventory	`InventoryNet`	$2.52B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.10M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$114.99M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.38B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.21B	USD	Point-in-time
Auto loan receivables, net	`NotesReceivableNet`	$13.07B	USD	Point-in-time
Auto loan receivables, net	`NotesReceivableNet`	$12.43B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,199,375 and $1,297,393 as of August 31, 2019 and February 28, 2019, respectively	`PropertyPlantAndEquipmentNet`	$2.98B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,199,375 and $1,297,393 as of August 31, 2019 and February 28, 2019, respectively	`PropertyPlantAndEquipmentNet`	$2.83B	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$61.35M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$66.05M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$456.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$185.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$185.96M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$18.72B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$20.14B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$593.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$628.51M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$301.50M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$318.20M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.39M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$3.78M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.07M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$1.13M	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$915.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.18M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.76M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$385.04M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$423.56M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.40B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.31B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.65B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.69B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$12.70B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$12.13B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$448.64M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$299.22M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$272.80M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$16.53B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$15.36B	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 164,885,648 and 167,478,924 shares issued and outstanding as of August 31, 2019 and February 28, 2019, respectively	`CommonStockValue`	$82.44M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 164,885,648 and 167,478,924 shares issued and outstanding as of August 31, 2019 and February 28, 2019, respectively	`CommonStockValue`	$83.74M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.24B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.31B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-91.63M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-68.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.10B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$20.14B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$18.72B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$10.57B	USD	2 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$9.56B	USD	2 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$5.20B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$4.77B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$9.13B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$4.12B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$8.25B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$4.51B	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.31B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$1.44B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$650.64M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$693.45M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$230.09M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$114.13M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$225.26M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$109.67M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$480.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$453.55M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$891.79M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$970.49M	USD	2 Qtrs
Interest expense	`InterestExpense`	$21.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$36.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$38.86M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.95M	USD	1 Quarter
Other expense (income)	`NonoperatingIncomeExpense`	$216.00K	USD	2 Qtrs
Other expense (income)	`NonoperatingIncomeExpense`	$-277.00K	USD	2 Qtrs
Other expense (income)	`NonoperatingIncomeExpense`	$-143.00K	USD	1 Quarter
Other expense (income)	`NonoperatingIncomeExpense`	$686.00K	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$305.54M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$656.79M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$609.17M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$289.49M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$68.59M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$149.62M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$71.94M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$156.45M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$238.66M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$233.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$220.89M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$459.55M	USD	2 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	165.35M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	176.28M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	165.84M	shares	2 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	177.21M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.20M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.27M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	178.81M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.46M	shares	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.02	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.59	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.24	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.99	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.57	USD	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$238.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$233.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$220.89M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$459.55M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$90.31M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.47M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$68.89M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$54.23M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$83.69M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$70.86M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$38.70M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$45.47M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$2.54M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.81M	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-1.36M	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-3.72M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.24M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-28.44M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-33.34M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$85.30M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$48.45M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-22.16M	USD	2 Qtrs
Auto loan receivables, net	`IncreaseDecreaseInFinanceReceivables`	$721.16M	USD	2 Qtrs
Auto loan receivables, net	`IncreaseDecreaseInFinanceReceivables`	$675.61M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.42M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.17M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.63M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$57.64M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-65.46M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-67.48M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$110.89M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-125.46M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$171.11M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$171.35M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$565.00K	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$5.31M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$8.24M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$720.00K	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$904.00K	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-174.95M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.87M	USD	2 Qtrs
(Decrease) increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-214.00K	USD	2 Qtrs
(Decrease) increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$3.17M	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$3.29B	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$1.30B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$3.28B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$1.46B	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.19M	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.86M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$1.69M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$335.00K	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$5.75B	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$5.49B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$5.14B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$4.88B	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$381.35M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$341.93M	USD	2 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$47.50M	USD	2 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$86.52M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$346.56M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$108.34M	USD	2 Qtrs
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$42.23M	USD	2 Qtrs
Increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$44.28M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$599.18M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$637.61M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$599.18M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$637.61M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.74M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$447.64M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$483.37M	USD	Point-in-time
Restricted cash from collections on auto loan receivables	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$440.67M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$114.39M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$113.50M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$554.90M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$599.18M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$637.61M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	164.89M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$238.66M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$233.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$220.89M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$459.55M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-123.00K	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.42M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.62M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-733.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$610.00K	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.76M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.64M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.91M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.70M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$171.23M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$128.36M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$207.40M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$204.84M	USD	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.74M	shares	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$38.45M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$53.27M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.05M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$33.25M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-38.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.15M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-61.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-2.17M	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	164.89M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	167.48M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.48B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.38B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.32B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$238.66M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$233.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$220.89M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$459.55M	USD	2 Qtrs
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-356.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-711.00K	USD	2 Qtrs
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-370.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-739.00K	USD	2 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-24.33M	USD	2 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-862.00K	USD	2 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$240.00K	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-10.78M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-123.00K	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-10.42M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-23.62M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-733.00K	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$610.00K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$221.50M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$476.72M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$459.42M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$223.18M	USD	1 Quarter

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