10-Q Filing

CARMAX INC CIK: 1170010 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001170010-23-000114`
Period End Date	20230831
Filing Date	20230929
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	kmx-20230831_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 62 Cash Flow Statement 84 Stockholders Equity 47 Comprehensive Income 24

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$458.20M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$507.20M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$477.50M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$433.00M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$535.40M	USD	Point-in-time
Financing Receivable, Allowance for Credit Loss	`FinancingReceivableAllowanceForCreditLosses`	$538.02M	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.61B	USD	Point-in-time
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.73B	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.50	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$521.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$314.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.77M	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`	$534.79M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	350.00M	shares	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$533.25M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$470.89M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$298.78M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	158.66M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$271.87M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	158.08M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
Inventory	`InventoryNet`	$3.84B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	158.66M	shares	Point-in-time
Inventory	`InventoryNet`	$3.73B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$219.32M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$230.79M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$5.39B	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$5.04B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $538,018 and $507,201 as of August 31, 2023 and February 28, 2023, respectively	`NotesReceivableNet`	$16.34B	USD	Point-in-time
Auto loans receivable, net of allowance for loan losses of $538,018 and $507,201 as of August 31, 2023 and February 28, 2023, respectively	`NotesReceivableNet`	$17.00B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,727,472 and $1,614,924 as of August 31, 2023 and February 28, 2023, respectively	`PropertyPlantAndEquipmentNet`	$3.43B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,727,472 and $1,614,924 as of August 31, 2023 and February 28, 2023, respectively	`PropertyPlantAndEquipmentNet`	$3.54B	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$111.92M	USD	Point-in-time
Deferred Income Tax Assets, Net	`DeferredIncomeTaxAssetsNet`	$80.74M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$545.68M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$540.72M	USD	Point-in-time
Goodwill	`Goodwill`	$141.26M	USD	Point-in-time
Goodwill	`Goodwill`	$141.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$600.99M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$581.46M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$27.30B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$26.18B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$826.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$932.07M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$513.14M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$478.96M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$103.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$53.29M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$55.44M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$111.86M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$312.23M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$467.61M	USD	Point-in-time
Current portion of non-recourse notes payable	`NonRecourseDebtCurrent`	$507.41M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.32B	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.94B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.61B	USD	Point-in-time
Long-term debt, excluding current portion	`OtherLongTermDebtNoncurrent`	$1.91B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$15.87B	USD	Point-in-time
Non-recourse notes payable, excluding current portion	`NonRecourseDebtNonCurrent`	$16.48B	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$516.84M	USD	Point-in-time
Operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$523.83M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$332.38M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$372.85M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$20.57B	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$21.29B	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; 158,655,733 and 158,079,033 shares issued and outstanding as of August 31, 2023 and February 28, 2023, respectively	`CommonStockValue`	$79.04M	USD	Point-in-time
Common stock, $0.50 par value; 350,000,000 shares authorized; 158,655,733 and 158,079,033 shares issued and outstanding as of August 31, 2023 and February 28, 2023, respectively	`CommonStockValue`	$79.33M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.78B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$1.71B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$78.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$97.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.07B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.41B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$27.30B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$26.18B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
NET SALES AND OPERATING REVENUES	`Revenues`	$8.14B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$7.07B	USD	1 Quarter
NET SALES AND OPERATING REVENUES	`Revenues`	$14.76B	USD	2 Qtrs
NET SALES AND OPERATING REVENUES	`Revenues`	$17.46B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$6.38B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$7.41B	USD	1 Quarter
TOTAL COST OF SALES	`CostOfRevenue`	$15.84B	USD	2 Qtrs
TOTAL COST OF SALES	`CostOfRevenue`	$13.25B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$696.76M	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.51B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$1.61B	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$737.14M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$387.34M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$134.99M	USD	1 Quarter
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$272.35M	USD	2 Qtrs
CARMAX AUTO FINANCE INCOME	`NetIncomeLossFromFinancing`	$182.87M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$585.69M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$666.04M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.32B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.15B	USD	2 Qtrs
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$113.34M	USD	2 Qtrs
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$57.69M	USD	1 Quarter
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$117.24M	USD	2 Qtrs
Depreciation, Depletion and Amortization, Nonproduction	`DepreciationAndAmortization`	$58.82M	USD	1 Quarter
Interest expense	`InterestExpense`	$62.05M	USD	2 Qtrs
Interest expense	`InterestExpense`	$32.74M	USD	1 Quarter
Interest expense	`InterestExpense`	$31.59M	USD	1 Quarter
Interest expense	`InterestExpense`	$61.52M	USD	2 Qtrs
Other income	`NonoperatingIncomeExpense`	$2.63M	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$1.94M	USD	2 Qtrs
Other income	`NonoperatingIncomeExpense`	$3.84M	USD	2 Qtrs
Other income	`NonoperatingIncomeExpense`	$4.04M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$465.53M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$167.57M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$504.18M	USD	2 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$158.29M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$39.65M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$41.67M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$118.59M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$126.01M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$118.64M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$378.17M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$125.91M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$346.93M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$252.26M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	159.56M	shares	2 Qtrs
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	158.48M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	158.80M	shares	1 Quarter
Basic, shares	`WeightedAverageNumberOfSharesOutstandingBasic`	158.30M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.01M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.22M	shares	1 Quarter
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.90M	shares	2 Qtrs
Diluted, shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	159.24M	shares	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.19	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.75	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.37	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.35	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.18	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$118.64M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$378.17M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$125.91M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$346.93M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$126.97M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$137.90M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$47.01M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$69.44M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$170.67M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$133.34M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$59.21M	USD	2 Qtrs
Provision for cancellation reserves	`ProvisionForContractCancellationReserves`	$45.20M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-24.84M	USD	2 Qtrs
Deferred income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$800.00K	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-3.87M	USD	2 Qtrs
Other	`GainLossOnDispositionOfAssets`	$-9.71M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-158.53M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-26.91M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$113.14M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-452.88M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-79.19M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-33.43M	USD	2 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$804.86M	USD	2 Qtrs
Auto loans receivable, net	`IncreaseDecreaseInFinanceReceivables`	$828.63M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.67M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$31.70M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-74.99M	USD	2 Qtrs
Accounts payable, accrued expenses and other current liabilities and accrued income taxes	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$132.57M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-43.83M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-65.62M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$479.59M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-61.12M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$210.17M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$204.46M	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$84.00K	USD	2 Qtrs
Proceeds from disposal of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.25M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$3.24M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$5.43M	USD	2 Qtrs
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$2.49M	USD	2 Qtrs
Sales and returns of investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$405.00K	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-211.75M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-207.31M	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$134.60M	USD	2 Qtrs
Proceeds from issuances of long-term debt	`ProceedsFromRevolvingLineOfCreditAndLongTermDebt`	$2.41B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$3.06B	USD	2 Qtrs
Payments on long-term debt	`PaymentsOnRevolvingLineOfCreditAndLongTermDebt`	$240.09M	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.65M	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.24M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$9.88M	USD	2 Qtrs
Payments on finance lease obligations	`RepaymentsOfLongTermFinanceAndCapitalLeaseObligations`	$7.81M	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$8.23B	USD	2 Qtrs
Issuances of non-recourse notes payable	`ProceedsFromIssuanceOfNonRecourseDebt`	$6.18B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$5.53B	USD	2 Qtrs
Payments on non-recourse notes payable	`PaymentsOnNonRecourseDebt`	$7.58B	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$4.14M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$325.17M	USD	2 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$27.53M	USD	2 Qtrs
Equity issuances	`ProceedsFromIssuanceOrSaleOfEquity`	$13.28M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-322.23M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$546.96M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-49.95M	USD	2 Qtrs
Increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$274.09M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$753.66M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$753.66M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$521.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$314.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.77M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$534.79M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$533.25M	USD	Point-in-time
Restricted cash from collections on auto loans receivable	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$470.89M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$169.21M	USD	Point-in-time
Restricted cash included in other assets	`RestrictedCashAndCashEquivalentsNoncurrent`	$163.64M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$753.66M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.23B	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$803.62M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$951.00M	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.66M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.41B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Net earnings	`NetIncomeLoss`	$118.64M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$378.17M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$125.91M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$346.93M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$252.26M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-19.27M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-36.54M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$26.11M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$78.42M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$52.31M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$17.27M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.27M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.26M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.59M	USD	1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.06M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$157.59M	USD	1 Quarter
Stock Repurchased and Retired During Period, Value	`StockRepurchasedAndRetiredDuringPeriodValue`	$163.02M	USD	1 Quarter
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period	`StockIssuedDuringPeriodSharesStockOptionsExercised`	-464,000.00	shares	2 Qtrs
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$26.55M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$3.44M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.84M	USD	1 Quarter
Stock Issued During Period, Value, Stock Options Exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$988.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-3.93M	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-213.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-307.00K	USD	1 Quarter
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-6.82M	USD	1 Quarter
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.08M	shares	Point-in-time
BALANCE, SHARES	`CommonStockSharesOutstanding`	158.66M	shares	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.61B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.82B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.41B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.40B	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.24B	USD	Point-in-time
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber`	7.71M	shares	Point-in-time
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber`	6.78M	shares	Point-in-time
Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures and Expirations in Period	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod`	-119,000.00	shares	2 Qtrs
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue`	$29.07	USD	2 Qtrs

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$118.64M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$378.17M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$125.91M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$346.93M	USD	2 Qtrs
NET EARNINGS	`NetIncomeLoss`	$252.26M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$228.30M	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-98.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-481.00K	USD	1 Quarter
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-196.00K	USD	2 Qtrs
Net change in retirement benefit plan unrecognized actuarial losses	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-962.00K	USD	2 Qtrs
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$17.17M	USD	1 Quarter
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$25.63M	USD	1 Quarter
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-19.47M	USD	2 Qtrs
Net change in cash flow hedge unrecognized gains	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$77.46M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-19.27M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-36.54M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$26.11M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$78.42M	USD	2 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$52.31M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$17.27M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$456.59M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$327.66M	USD	2 Qtrs
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$135.90M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$152.01M	USD	1 Quarter

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