XML 71 R47.htm IDEA: XBRL DOCUMENT v3.24.2
Debt - Schedule of ABS Notes Transactions (Details) - USD ($)
$ in Millions
1 Months Ended
Jun. 30, 2024
Apr. 30, 2024
Jan. 31, 2024
Secured Overnight Financial Rate (SOFR)      
Debt Instrument [Line Items]      
Basis spread on variable rate 5.333%    
Asset Backed Notes      
Debt Instrument [Line Items]      
Principal Amount Issued $ 3,966    
January 2024 ABS Notes      
Debt Instrument [Line Items]      
Principal Amount Issued     $ 1,915
January 2024 ABS Notes | A-1a Senior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     5.00%
Expected Weighted-average Life to Maturity (in years)     1 year 11 months 1 day
Principal Amount Issued     $ 835
January 2024 ABS Notes | A-1b Senior class notes      
Debt Instrument [Line Items]      
Expected Weighted-average Life to Maturity (in years)     1 year 11 months 1 day
Principal Amount Issued     $ 279
January 2024 ABS Notes | A-1b Senior class notes | Secured Overnight Financial Rate (SOFR)      
Debt Instrument [Line Items]      
Basis spread on variable rate     0.65%
January 2024 ABS Notes | B Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     5.24%
Expected Weighted-average Life to Maturity (in years)     1 year 11 months 1 day
Principal Amount Issued     $ 0
January 2024 ABS Notes | C Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     5.49%
Expected Weighted-average Life to Maturity (in years)     1 year 11 months 1 day
Principal Amount Issued     $ 51
January 2024 ABS Notes | A Senior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     4.83%
Expected Weighted-average Life to Maturity (in years)     4 years 11 months 1 day
Principal Amount Issued     $ 668
January 2024 ABS Notes | B Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     5.08%
Expected Weighted-average Life to Maturity (in years)     4 years 11 months 1 day
Principal Amount Issued     $ 51
January 2024 ABS Notes | C Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument     5.32%
Expected Weighted-average Life to Maturity (in years)     4 years 11 months 1 day
Principal Amount Issued     $ 31
April 2024 ABS Notes      
Debt Instrument [Line Items]      
Principal Amount Issued   $ 875  
April 2024 ABS Notes | A-1a Senior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument   5.34%  
Expected Weighted-average Life to Maturity (in years)   2 years 11 months 26 days  
Principal Amount Issued   $ 605  
April 2024 ABS Notes | A-1b Senior class notes      
Debt Instrument [Line Items]      
Expected Weighted-average Life to Maturity (in years)   2 years 11 months 26 days  
Principal Amount Issued   $ 175  
April 2024 ABS Notes | A-1b Senior class notes | Secured Overnight Financial Rate (SOFR)      
Debt Instrument [Line Items]      
Basis spread on variable rate   0.58%  
April 2024 ABS Notes | B Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument   5.54%  
Expected Weighted-average Life to Maturity (in years)   2 years 11 months 26 days  
Principal Amount Issued   $ 59  
April 2024 ABS Notes | C Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument   5.73%  
Expected Weighted-average Life to Maturity (in years)   2 years 11 months 26 days  
Principal Amount Issued   $ 36  
June 2024 ABS Notes      
Debt Instrument [Line Items]      
Principal Amount Issued $ 1,176    
June 2024 ABS Notes | A-1a Senior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.21%    
Expected Weighted-average Life to Maturity (in years) 1 year 11 months 23 days    
Principal Amount Issued $ 289    
June 2024 ABS Notes | A-1b Senior class notes      
Debt Instrument [Line Items]      
Expected Weighted-average Life to Maturity (in years) 1 year 11 months 23 days    
Principal Amount Issued $ 246    
June 2024 ABS Notes | A-1b Senior class notes | Secured Overnight Financial Rate (SOFR)      
Debt Instrument [Line Items]      
Basis spread on variable rate 0.55%    
June 2024 ABS Notes | B Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.40%    
Expected Weighted-average Life to Maturity (in years) 1 year 11 months 23 days    
Principal Amount Issued $ 41    
June 2024 ABS Notes | C Junior class notes      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.60%    
Expected Weighted-average Life to Maturity (in years) 1 year 11 months 23 days    
Principal Amount Issued $ 25    
June 2024 ABS Notes | Class A Senior Secured Notes - Series 2024-5      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.00%    
Expected Weighted-average Life to Maturity (in years) 4 years 11 months 23 days    
Principal Amount Issued $ 512    
June 2024 ABS Notes | Class B Junior Secured Notes - Series 2024-5      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.25%    
Expected Weighted-average Life to Maturity (in years) 4 years 11 months 23 days    
Principal Amount Issued $ 39    
June 2024 ABS Notes | Class C Junior Secured Notes - Series 2024-5      
Debt Instrument [Line Items]      
Stated interest rate on debt instrument 5.49%    
Expected Weighted-average Life to Maturity (in years) 4 years 11 months 23 days    
Principal Amount Issued $ 24