10-Q Filing

CARMAX INC CIK: 1170010 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001170010-22-000004`
Period End Date	20211130
Filing Date	20220106
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	kmx-20211130_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 64 Cash Flow Statement 92 Stockholders Equity 63 Comprehensive Income 28

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$398.10M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$411.15M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$157.80M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$431.60M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$432.50M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$426.51M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.41B	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.54B	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.32M	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
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$492.61M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$552.49M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$496.42M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$239.07M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	163.17M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$563.13M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	161.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	161.87M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	163.17M	shares	Point-in-time
Inventory	`InventoryNet`	$3.16B	USD	Point-in-time
Inventory	`InventoryNet`	$4.66B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$91.83M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$117.39M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$5.96B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$4.12B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $426,507 and $411,150 as of November 30, 2021 and February 28, 2021, respectively	`NotesReceivableNet`	$15.17B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $426,507 and $411,150 as of November 30, 2021 and February 28, 2021, respectively	`NotesReceivableNet`	$13.49B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,542,238 and $1,414,264 as of November 30, 2021 and February 28, 2021, respectively	`PropertyPlantAndEquipmentNet`	$3.06B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,542,238 and $1,414,264 as of November 30, 2021 and February 28, 2021, respectively	`PropertyPlantAndEquipmentNet`	$3.18B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$134.38M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$164.26M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$543.64M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$431.65M	USD	Point-in-time
Goodwill	`Goodwill`	$653.00K	USD	Point-in-time
Goodwill	`Goodwill`	$141.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$282.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$458.12M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$21.54B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$25.58B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$936.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$799.33M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$415.46M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$530.59M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$218.00K	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$518.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$43.15M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$30.95M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.93M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.89M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$535.15M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$442.65M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.70B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.06B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$2.60B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.32B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$14.86B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$13.30B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$529.82M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$423.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$419.89M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$434.84M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$17.18B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$20.47B	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; 161,871,923 and 163,172,333 shares issued and outstanding as of November 30, 2021 and February 28, 2021, respectively	`CommonStockValue`	$80.94M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 161,871,923 and 163,172,333 shares issued and outstanding as of November 30, 2021 and February 28, 2021, respectively	`CommonStockValue`	$81.59M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.51B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.67B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-118.69M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-100.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.89B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.46B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.70B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.92B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.11B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$25.58B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$21.54B	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$13.79B	USD	3 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$24.21B	USD	3 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$8.53B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$5.18B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$21.64B	USD	3 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$4.55B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$7.69B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$12.05B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$836.56M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$2.58B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$1.74B	USD	3 Qtrs
GROSS PROFIT	`GrossProfit`	$631.43M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$607.73M	USD	3 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$165.97M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$176.44M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$374.59M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$575.93M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$430.78M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.20B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.70B	USD	3 Qtrs
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$54.43M	USD	1 Quarter
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$48.02M	USD	1 Quarter
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$145.13M	USD	3 Qtrs
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$157.11M	USD	3 Qtrs
Interest expense	`InterestExpense`	$19.46M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$65.89M	USD	3 Qtrs
Interest expense	`InterestExpense`	$67.25M	USD	3 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$887.00K	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$35.45M	USD	3 Qtrs
Other (income) expense	`NonoperatingIncomeExpense`	$8.09M	USD	1 Quarter
Other (income) expense	`NonoperatingIncomeExpense`	$-728.00K	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$703.01M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.29B	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$310.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$355.96M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$75.20M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$299.64M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$166.03M	USD	3 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$86.52M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$269.44M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$235.30M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$991.46M	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$436.76M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$285.27M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$536.97M	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$296.70M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	162.71M	shares	3 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	163.73M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	163.28M	shares	3 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	162.01M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.87M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.61M	shares	3 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	164.98M	shares	3 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.77M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.44	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.29	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.66	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.09	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.99	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.63	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.42	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.25	USD	3 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$269.44M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$235.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$991.46M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$436.76M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$285.27M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$536.97M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$296.70M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$180.50M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$200.82M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$73.95M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$108.96M	USD	3 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$87.34M	USD	3 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$156.15M	USD	3 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$53.51M	USD	3 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$91.61M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$19.56M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-19.53M	USD	3 Qtrs
Other	`GainLossOnDispositionOfAssets`	$26.81M	USD	3 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-5.97M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-22.11M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$290.35M	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.50B	USD	3 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-66.21M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$13.62M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-29.48M	USD	3 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$73.83M	USD	3 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$1.76B	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$18.31M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.15M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-124.09M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$170.47M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-136.78M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-30.85M	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.08B	USD	3 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$868.39M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$123.95M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$226.90M	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$260.00K	USD	3 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.85M	USD	3 Qtrs
Proceeds from Sales of Business, Affiliate and Productive Assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	-	USD	3 Qtrs
Proceeds from Sales of Business, Affiliate and Productive Assets	`ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets`	$12.28M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$2.71M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$13.68M	USD	3 Qtrs
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$2.74M	USD	3 Qtrs
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$36.91M	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-241.56M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-432.68M	USD	3 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-122.08M	USD	3 Qtrs
Increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	$968.00K	USD	3 Qtrs
Increase in short-term debt, net	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	3 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$1.56B	USD	3 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$5.80B	USD	3 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$2.02B	USD	3 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$4.52B	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.80M	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.47M	USD	3 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$8.82M	USD	3 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$4.87M	USD	3 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$7.95B	USD	3 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$11.22B	USD	3 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$7.94B	USD	3 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$9.57B	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$475.95M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$158.62M	USD	3 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$94.30M	USD	3 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$76.31M	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.51B	USD	3 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-534.26M	USD	3 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$212.05M	USD	3 Qtrs
(Decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-7.39M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$764.56M	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`	$771.95M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.44M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$764.56M	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`	$771.95M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$236.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.32M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$492.61M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$552.49M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$496.42M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$149.47M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$139.19M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$764.56M	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`	$771.95M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$868.44M	USD	Point-in-time

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	161.87M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	163.17M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.70B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.92B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.11B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$269.44M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$235.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$991.46M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$436.76M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$285.27M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$536.97M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$296.70M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$18.39M	USD	3 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.98M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$3.41M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-15.33M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.50M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$12.04M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.94M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.85M	USD	3 Qtrs
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.94M	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`	$12.35M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.10M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.12M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.57M	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$90.57M	USD	1 Quarter
Stock Issued During Period, Shares, Acquisitions	`StockIssuedDuringPeriodSharesAcquisitions`	776,097.00	shares	Point-in-time
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$220.04M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$115.35M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$124.54M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$40.71M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	-	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$109.25M	USD	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	`StockIssuedDuringPeriodSharesStockOptionsExercised`	-1.25M	shares	3 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.71M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$21.59M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.57M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.22M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$38.50M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$90.02M	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`	$-17.98M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-149.00K	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`	$-87.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-118.00K	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	161.87M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	163.17M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.77B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.70B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.98B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.13B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.58B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.92B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.36B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.11B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$269.44M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$235.30M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$991.46M	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$436.76M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$285.27M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$536.97M	USD	3 Qtrs
NET EARNINGS	`NetIncomeLoss`	$296.70M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$4.98M	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-727.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.98M	USD	3 Qtrs
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-659.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-2.18M	USD	3 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$11.38M	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$16.41M	USD	3 Qtrs
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$6.78M	USD	1 Quarter
Net change in cash flow hedge unrecognized losses	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-5.04M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$18.39M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$4.98M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$3.41M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-15.33M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$7.50M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$12.04M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$2.94M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-2.85M	USD	3 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$242.80M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$281.48M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$1.01B	USD	3 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$534.12M	USD	3 Qtrs

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