10-Q Filing

CARMAX INC CIK: 1170010 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001170010-20-000176`
Period End Date	20200831
Filing Date	20201005
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	kmx-20200831_htm.xml

Filing Contents

This filing contains the following financial statements:

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

Balance Sheet 86 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`	$58.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$711.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.74M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	164.16M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	163.08M	shares	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$481.04M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	164.16M	shares	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$483.37M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	163.08M	shares	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$520.88M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$203.16M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.27B	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.34B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$191.09M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$147.00M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$150.40M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$432.55M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$157.80M	USD	Point-in-time
Inventory	`InventoryNet`	$2.85B	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$138.20M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$437.20M	USD	Point-in-time
Inventory	`InventoryNet`	$2.82B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$86.93M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$67.31M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$4.33B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$3.66B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $432,546 and $157,796 as of August 31, 2020 and February 29, 2020, respectively	`NotesReceivableNet`	$13.01B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $432,546 and $157,796 as of August 31, 2020 and February 29, 2020, respectively	`NotesReceivableNet`	$13.55B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,342,321 and $1,266,920 as of August 31, 2020 and February 29, 2020, respectively	`PropertyPlantAndEquipmentNet`	$3.07B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,342,321 and $1,266,920 as of August 31, 2020 and February 29, 2020, respectively	`PropertyPlantAndEquipmentNet`	$3.04B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$89.84M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$133.75M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$449.09M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$444.16M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$258.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$282.66M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$21.08B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$21.25B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$683.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$737.14M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$350.19M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$331.74M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$64.73M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$1.39M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.98M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$31.62M	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$838.00K	USD	Point-in-time
Short-term debt	`ShortTermBankLoansAndNotesPayable`	$40.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.01M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.25M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$424.17M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$457.85M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.53B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.60B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.78B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.90B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$12.90B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$13.17B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$435.11M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$440.67M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$431.92M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$393.87M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$17.26B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$17.31B	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; 164,162,253 and 163,081,376 shares issued and outstanding as of August 31, 2020 and February 29, 2020, respectively	`CommonStockValue`	$81.54M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 164,162,253 and 163,081,376 shares issued and outstanding as of August 31, 2020 and February 29, 2020, respectively	`CommonStockValue`	$82.08M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.35B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.46B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-150.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-160.43M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.49B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.60B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$21.25B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$21.08B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$8.60B	USD	2 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$5.20B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$5.37B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$10.57B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$7.49B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$9.13B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$4.51B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$4.62B	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.11B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$1.44B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$752.14M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$693.45M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$147.19M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$198.15M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$230.09M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$114.13M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$970.49M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$863.92M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$480.83M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$490.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$46.43M	USD	2 Qtrs
Interest expense	`InterestExpense`	$22.47M	USD	1 Quarter
Interest expense	`InterestExpense`	$21.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$38.86M	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$-143.00K	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$216.00K	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$-1.61M	USD	2 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$1.68M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$392.50M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$656.79M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$388.34M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$305.54M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$156.45M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$90.83M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$91.64M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$71.94M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$301.67M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$233.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$4.98M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$296.70M	USD	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	165.84M	shares	2 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	163.05M	shares	2 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	165.35M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	163.43M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.62M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.58M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.46M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.27M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.41	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.82	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.85	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.02	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.79	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

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$301.67M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$233.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$296.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$118.97M	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`	$62.79M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$83.69M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$147.98M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$35.68M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$45.47M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$3.81M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$8.60M	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-3.72M	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-5.10M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$12.06M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.24M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-21.46M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$85.30M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$48.45M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-19.69M	USD	2 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$-188.60M	USD	2 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$721.16M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-15.42M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.59M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.91M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.63M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-27.02M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-67.48M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-125.46M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$889.78M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$171.35M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$92.00M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$826.00K	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.57M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$8.24M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$1.38M	USD	2 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$720.00K	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-92.36M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-178.87M	USD	2 Qtrs
Increase (decrease) in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$-214.00K	USD	2 Qtrs
Increase (decrease) in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$798.00K	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$1.54B	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$3.29B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$1.43B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$3.28B	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.04M	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.86M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$2.88M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$1.69M	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$5.75B	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$4.80B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$5.03B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$5.14B	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$341.93M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$54.15M	USD	2 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$91.72M	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`	$-86.03M	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`	$711.39M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$656.39M	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`	$1.37B	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$656.39M	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`	$1.37B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$711.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.74M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$481.04M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$483.37M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$520.88M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$113.50M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$135.34M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$595.38M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$656.39M	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`	$1.37B	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	164.16M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	163.08M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$301.67M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$233.60M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$266.74M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$296.70M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.33M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.42M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.36M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.62M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.98M	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`	$17.65M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.57M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.76M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$40.71M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$128.36M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	-	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`	-1.44M	shares	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$90.02M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.71M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$33.25M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$53.27M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-12.00K	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`	$-5.55M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-5.15M	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	164.16M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	163.08M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.45B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.61B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$500.34M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$301.67M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$233.60M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$4.98M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$266.74M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$296.70M	USD	1 Quarter
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`	$-1.46M	USD	2 Qtrs
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-728.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-711.00K	USD	2 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-11.81M	USD	2 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-10.78M	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$4.25M	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-24.33M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-13.20M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-15.33M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-10.42M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-10.36M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-23.62M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$4.98M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$476.72M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$291.32M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$301.68M	USD	1 Quarter
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.