XML 49 R30.htm IDEA: XBRL DOCUMENT
v3.22.4

Supplemental Financial Statement Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Additional Financial Information Disclosure [Abstract] |
Summary of Cash Equivalents and Short-Term Investments | The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss and fair value of the Company’s cash equivalents and short-term investments as of the dates indicated (in thousands):
| December 31, 2022
| Cost or Amortized Cost |  | Unrealized |  | Estimated Fair Value
| Gains |  | Losses |
Unrestricted Balances(1) |  |  |  |  |  |  |
Money market funds | $ | 3,276 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,276 |
Money market deposit accounts | 126,994 |  |  | — |  |  | — |  |  | 126,994 |
Term deposits | 5,000 |  |  | — |  |  | — |  |  | 5,000 |
Certificates of deposit | 502,374 |  |  | 295 |  |  | (510) |  |  | 502,159 |
Commercial paper | 964,410 |  |  | 403 |  |  | (1,663) |  |  | 963,150 |
Corporate bonds | 61,605 |  |  | — |  |  | (104) |  |  | 61,501 |
U.S. government securities | 7,059 |  |  | 1 |  |  | — |  |  | 7,060 |
Total unrestricted cash equivalents and short-term investments | 1,670,718 |  |  | 699 |  |  | (2,277) |  |  | 1,669,140 |
Restricted Balances(2) |  |  |  |  |  |  |
Money market funds | 93,362 |  |  | — |  |  | — |  |  | 93,362 |
Term deposits | 3,539 |  |  | — |  |  | — |  |  | 3,539 |
Certificates of deposit | 355,241 |  |  | 174 |  |  | (437) |  |  | 354,978 |
Commercial paper | 596,213 |  |  | 243 |  |  | (865) |  |  | 595,591 |
Corporate bonds | 14,933 |  |  | — |  |  | (17) |  |  | 14,916 |
U.S. government securities | 74,699 |  |  | 2 |  |  | (167) |  |  | 74,534 |
Total restricted cash equivalents and investments | 1,137,987 |  |  | 419 |  |  | (1,486) |  |  | 1,136,920 |
Total unrestricted and restricted cash equivalents and investments | $ | 2,808,705 |  |  | $ | 1,118 |  |  | $ | (3,763) |  |  | $ | 2,806,060 |
_______________ (1)Excludes $126.5 million of cash and $1.1 million of marketable equity securities, which are included within the $1.8 billion of cash and cash equivalents and short-term investments on the consolidated balance sheets. (2)Excludes $1.3 million of restricted cash, which is included within the $1.1 billion of restricted cash and cash equivalents and restricted short-term investments on the consolidated balance sheets.
| December 31, 2021
| Cost or Amortized Cost |  | Unrealized |  | Estimated Fair Value
| Gains |  | Losses |
Unrestricted Balances(1) |  |  |  |  |  |  |
Money market funds | $ | 22,250 |  |  | $ | — |  |  | $ | — |  |  | $ | 22,250 |
Money market deposit accounts | 330,252 |  |  | — |  |  | — |  |  | 330,252 |
Term deposits | 385,000 |  |  | — |  |  | — |  |  | 385,000 |
Certificates of deposit | 505,562 |  |  | 25 |  |  | (149) |  |  | 505,438 |
Commercial paper | 806,446 |  |  | 132 |  |  | (190) |  |  | 806,388 |
Corporate bonds | 99,779 |  |  | 4 |  |  | (78) |  |  | 99,705 |
Total unrestricted cash equivalents and short-term investments | 2,149,289 |  |  | 161 |  |  | (417) |  |  | 2,149,033 |
Restricted Balances(2) |  |  |  |  |  |  |
Money market funds | 20,161 |  |  | — |  |  | — |  |  | 20,161 |
Term deposits | 5,046 |  |  | — |  |  | — |  |  | 5,046 |
Certificates of deposit | 421,243 |  |  | 35 |  |  | (134) |  |  | 421,144 |
Commercial paper | 523,616 |  |  | 43 |  |  | (169) |  |  | 523,490 |
Corporate bonds | 63,506 |  |  | — |  |  | (48) |  |  | 63,458 |
U.S. government securities | 31,745 |  |  | — |  |  | (28) |  |  | 31,717 |
Total restricted cash equivalents and investments | 1,065,317 |  |  | 78 |  |  | (379) |  |  | 1,065,016 |
Total unrestricted and restricted cash equivalents and investments | $ | 3,214,606 |  |  | $ | 239 |  |  | $ | (796) |  |  | $ | 3,214,049 |
_______________ (1)Excludes $104.8 million of cash, which is included within the $2.3 billion of cash and cash equivalents and short-term investments on the consolidated balance sheets. (2)Excludes $53.7 million of restricted cash, which is included within the $1.1 billion of restricted cash and cash equivalents and restricted short-term investments on the consolidated balance sheets.
Schedule of AFS Debt Securities | The following table summarizes the Company’s available-for-sale debt securities in an unrealized loss position for which no allowance for credit losses was recorded, aggregated by major security type (in thousands):
| December 31, 2022
| Estimated Fair Value |  | Unrealized Losses
Certificates of deposit | $ | 188,209 |  |  | $ | (947) |
Corporate bonds | 76,417 |  |  | (121) |
Commercial paper | 718,771 |  |  | (2,528) |
U.S. government securities | 62,801 |  |  | (167) |
Total available-for-sale debt securities in an unrealized loss position | $ | 1,046,198 |  |  | $ | (3,763) |
Schedule of Property and Equipment, Net | Property and equipment, net consisted of the following as of the dates indicated (in thousands):
| December 31,
| 2022 |  | 2021
Bike fleet | $ | 179,330 |  |  | $ | 138,216 |
Leasehold improvements | 91,334 |  |  | 100,252 |
Owned vehicles | 143,391 |  |  | 150,443 |
Finance lease right-of-use assets | 32,887 |  |  | 26,802 |
Computer equipment and software | 36,271 |  |  | 19,103 |
Furniture and fixtures | 5,602 |  |  | 5,110 |
Construction in progress | 48,523 |  |  | 25,270 |
| 537,338 |  |  | 465,196 |
Less: Accumulated depreciation | (223,936) |  |  | (167,001) |
Property and equipment, net | $ | 313,402 |  |  | $ | 298,195 |
Schedule of Accrued and Other Current Liabilities | Accrued and other current liabilities consisted of the following as of the dates indicated (in thousands):
| December 31,
| 2022 |  | 2021
Insurance-related accruals | $ | 566,831 |  |  | $ | 336,340 |
Legal accruals | 458,209 |  |  | 349,518 |
Ride-related accruals | 181,138 |  |  | 196,716 |
Long-term debt, current | 36,287 |  |  | 56,264 |
Insurance claims payable and related fees | 53,280 |  |  | 33,696 |
Deferred gain related to the Reinsurance Transaction (1) | 2,357 |  |  | 52,785 |
Other | 263,507 |  |  | 239,107 |
Accrued and other current liabilities | $ | 1,561,609 |  |  | $ | 1,264,426 |
_______________ (1)Refer to Note 2 “Summary of Significant Accounting Policies” above and the rest of this Note 6 “Supplemental Financial Information - Insurance Reserves” below for more information on this deferred gain.
Summary of Rollforward of the Insurance Reserve | The following table provides a rollforward of the insurance reserve for the periods presented (in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Balance at beginning of period | $ | 1,068,628 |  |  | $ | 987,064 |  |  | $ | 1,378,462 |
Additions 1 | 1,146,482 |  |  | 772,321 |  |  | 569,180 |
Deductions 2 | (797,760) |  |  | (690,757) |  |  | (960,578) |
Balance at end of period | $ | 1,417,350 |  |  | $ | 1,068,628 |  |  | $ | 987,064 |
_______________ (1)Additions to insurance reserves include $895.0 million, $527.1 million and $569.2 million for the years ended December 31, 2022, 2021 and 2020, respectively, for changes in estimates resulting from new developments in prior period claims. Additions also include adjustments related to the Commutation Transaction of $247.4 million for the year ended December 31, 2022. See below for more details of the "Commutation of the Reinsurance Agreement". Additions include $4.0 million and $245.2 million of reinsurance recoverable for the years ended December 31, 2022 and 2021, respectively. There was no such recoverable for the year ended December 31, 2020. (2)Deductions include losses paid of $552.6 million, $439.4 million and $552.7 million for the years ended December 31, 2022, 2021 and 2020, respectively, in addition to a transfer of certain legacy auto insurance liabilities of $407.9 million for the year ended December 31, 2020. Deductions include reinsurance recoverable at the beginning of the period of $245.2 million and $251.3 million for the years ended December 31, 2022 and 2021, respectively. There was no such recoverable at the beginning of the period for the year ended December 31, 2020.
Schedule of Other Income (Expense), Net | The following table sets forth the primary components of other income (expense), net as reported on the consolidated statements of operations (in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Interest income | $ | 47,142 |  |  | $ | 9,074 |  |  | $ | 43,654 |
Gain (loss) on sale of securities, net | (287) |  |  | 687 |  |  | (868) |
Foreign currency exchange gains (losses), net | (4,387) |  |  | 788 |  |  | 1,818 |
Sublease income | 11,591 |  |  | 6,624 |  |  | — |
Gain from transaction with Woven Planet | — |  |  | 119,284 |  |  | — |
Impairment charges(1) | (135,714) |  |  | — |  |  | — |
Other, net | (18,333) |  |  | (524) |  |  | (935) |
Other income (expense), net | $ | (99,988) |  |  | $ | 135,933 |  |  | $ | 43,669 |
_______________ (1)In the third quarter of 2022, the Company impaired the entire amount of a non-marketable equity investment in addition to other assets with the investee. This impairment was triggered due to the announced winding down of the equity investee. Refer to Note 7 “Fair Value Measurements” for additional details.

X
- Definition Additional Financial Information Disclosure + References No definition available. + Details
Name: | lyft_AdditionalFinancialInformationDisclosureAbstract
Namespace Prefix: | lyft_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of insurance reserves. + References No definition available. + Details
Name: | lyft_SummaryOfInsuranceReservesTableTextBlock
Namespace Prefix: | lyft_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash, cash equivalents, and investments. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashCashEquivalentsAndShortTermInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration