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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 350 $ (1,453)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization expense 270 179
Equity-based compensation expense 52 57
Loss on disposal of property and equipment 8 3
Gain on debt extinguishment (878) 0
Payment-in-kind interest expense 46 0
Provision for bad debt and valuation allowance 34 11
Amortization and write-off of debt issuance costs and debt premium 20 20
Unrealized (gain) loss on warrants to acquire Root's Class A common stock (3) 77
Unrealized (gain) loss on beneficial interests in securitization (12) 1
Changes in finance receivable related assets:    
Originations of finance receivables (4,509) (5,690)
Proceeds from sale of finance receivables, net 5,207 5,628
Gain on loan sales (360) (361)
Principal payments received on finance receivables held for sale 160 146
Other changes in assets and liabilities:    
Vehicle inventory 777 638
Accounts receivable (73) 40
Other assets 27 (75)
Accounts payable and accrued liabilities (84) 155
Operating lease right-of-use assets 63 (132)
Operating lease liabilities (52) 178
Other liabilities (1) (7)
Net cash provided by (used in) operating activities 1,042 (585) Close
Cash Flows from Investing Activities:    
Purchases of property and equipment (69) (451)
Proceeds from disposal of property and equipment 58 0
Payments for acquisitions, net of cash acquired (7) (2,189)
Principal payments received on and proceeds from sale of beneficial interests 40 72
Net cash provided by (used in) investing activities 22 (2,568) Close
Cash Flows from Financing Activities:    
Proceeds from short-term revolving facilities 5,756 10,596
Payments on short-term revolving facilities (6,861) (12,074)
Proceeds from issuance of long-term debt 110 3,435
Payments on long-term debt (470) (111)
Payments of debt issuance costs (52) (75)
Net proceeds from issuance of Class A common stock and LLC Units 453 1,227
Proceeds from equity-based compensation plans 0 4
Tax withholdings related to restricted stock units and awards (12) (8)
Net cash (used in) provided by financing activities (1,076) 2,994 Close
Net decrease in cash, cash equivalents and restricted cash (12) (159) Close
Cash, cash equivalents and restricted cash at beginning of period 628 636
Cash, cash equivalents and restricted cash at end of period $ 616 $ 477