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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net loss $ (29) $ (267)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 121 88
Share-based compensation 341 231
Amortization of right of use assets 17 18
Amortization of contract cost assets 23 32
Amortization of debt discount and debt issuance costs 24 72
Loss on extinguishment of debt 21 17
Inventory valuation adjustment 9 304
Other adjustments to reconcile net loss to cash provided by (used in) operating activities (9) 10
Changes in operating assets and liabilities:    
Accounts receivable 76 (89)
Mortgage loans held for sale 58 110
Inventory 3,904 (3,570)
Prepaid expenses and other assets (13) (70)
Contract cost assets (13) (22)
Lease liabilities (15) (21)
Accounts payable 1 17
Accrued expenses and other current liabilities (49) 163
Accrued compensation and benefits (52) 11
Deferred revenue (1) 4
Other long-term liabilities 6 0
Net cash provided by (used in) operating activities 4,420 (2,962)
Investing activities    
Proceeds from maturities of investments 455 1,696
Purchases of investments (1,474) (509)
Purchases of property and equipment (87) (45)
Purchases of intangible assets (17) (24)
Cash paid for acquisition, net 0 (497)
Net cash provided by (used in) investing activities (1,123) 621
Financing activities    
Proceeds from issuance of Class C capital stock, net of issuance costs 0 545
Proceeds from issuance of term loan, net of issuance costs 0 443
Proceeds from borrowings on credit facilities 0 2,639
Repayments of borrowings on credit facilities (2,205) (535)
Net repayments on warehouse line of credit and repurchase agreements (68) (101)
Repurchases of Class A common stock and Class C capital stock (773) 0
Settlement of long-term debt (1,158) (1)
Proceeds from exercise of stock options 44 98
Net cash provided by (used in) financing activities (4,160) 3,088
Net increase (decrease) in cash, cash equivalents and restricted cash during period (863) 747
Cash, cash equivalents and restricted cash at beginning of period 2,838 1,779
Cash, cash equivalents and restricted cash at end of period 1,975 2,526
Supplemental disclosures of cash flow information    
Cash paid for interest 42 58
Cash paid for taxes 5 0
Noncash transactions:    
Write-off of fully amortized intangible assets 200 55
Issuance (settlement) of beneficial interests in securitizations (79) 25
Write-off of fully depreciated property and equipment 48 38
Capitalized share-based compensation 33 19
Recognition (derecognition) of operating right of use assets and lease liabilities 14 (12)
Property and equipment purchased on account $ 2 $ 2