XML 41 R29.htm IDEA: XBRL DOCUMENT
v3.25.3

Summary of Significant Accounting Policies (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Accounting Policies [Abstract] |
Schedule of Segment Reporting Information, by Segment | Segment information for the three and nine months ended September 30, 2025 and 2024 are as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
| (in millions)
Net sales and operating revenues | $ | 5,647 |  |  | $ | 3,655 |  |  | $ | 14,719 |  |  | $ | 10,126 |
Cost of sales | 4,499 |  |  | 2,848 |  |  | 11,578 |  |  | 8,013 |
Gross profit | 1,148 |  |  | 807 |  |  | 3,141 |  |  | 2,113 |
Compensation and benefits | 209 |  |  | 175 |  |  | 609 |  |  | 516 |
Advertising | 102 |  |  | 56 |  |  | 258 |  |  | 165 |
Market occupancy | 17 |  |  | 17 |  |  | 49 |  |  | 52 |
Logistics | 43 |  |  | 29 |  |  | 118 |  |  | 86 |
Other (1) | 224 |  |  | 192 |  |  | 647 |  |  | 561 |
Other operating expense, net | 1 |  |  | 1 |  |  | 3 |  |  | 3 |
Operating income | 552 |  |  | 337 |  |  | 1,457 |  |  | 730 |
Interest expense, net | 125 |  |  | 157 |  |  | 407 |  |  | 503 |
Loss on debt extinguishment | 14 |  |  | 4 |  |  | 16 |  |  | 6 |
Other expense (income), net | 154 |  |  | 29 |  |  | 92 |  |  | (23) |
Net income before income taxes | 259 |  |  | 147 |  |  | 942 |  |  | 244 |
Income tax benefit | (4) |  |  | (1) |  |  | (2) |  |  | (1) |
Net income | $ | 263 |  |  | $ | 148 |  |  | $ | 944 |  |  | $ | 245 |
(1) Other costs include all other selling, general and administrative expenses such as IT expenses, corporate occupancy, professional services and insurance, limited warranty, and title and registration.

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration