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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES
Contract Liabilities
We are the obligor on our lifetime oil and at home valet contracts. Revenue is allocated to these performance
obligations and is recognized over time as services are provided to the customer. The amount of revenue
recognized is calculated, net of cancellations, using an input method, which most closely depicts performance of the
contracts. Our contract liability balances were $427.2 million and $410.4 million as of March 31, 2025, and
December 31, 2024, respectively; and we recognized $20.3 million of revenue in the three months ended March 31,
2025 related to our contract liability balance at December 31, 2024. Our contract liability balance is included in
Accrued liabilities and Deferred revenue on the Consolidated Balance Sheets.
Litigation
We are party to numerous legal proceedings arising in the normal course of our business. Although we do not
anticipate that the resolution of legal proceedings arising in the normal course of business will have a material
adverse effect on our business, results of operations, financial condition, or cash flows, we cannot predict this with
certainty.