XML 48 R34.htm IDEA: XBRL DOCUMENT
v3.21.4

Debt (Tables) | 9 Months Ended
--- | ---
Nov. 30, 2021
Debt Disclosure [Abstract] |
Schedule Of Debt | Debt
(In thousands) |  | As of November 30 |  | As of February 28
Debt Description (1) | Maturity Date | 2021 |  | 2021
Revolving credit facility (2) | June 2024 | $ | 588,100 |  |  | $ | — |
Term loan (2) | June 2024 | 300,000 |  |  | 300,000 |
Term loan (2) | October 2026 | 699,318 |  |  | — |
3.86% Senior notes | April 2023 | 100,000 |  |  | 100,000 |
4.17% Senior notes | April 2026 | 200,000 |  |  | 200,000 |
4.27% Senior notes | April 2028 | 200,000 |  |  | 200,000 |
Financing obligations | Various dates through February 2059 | 527,260 |  |  | 533,578 |
Non-recourse notes payable | Various dates through August 2028 | 15,416,457 |  |  | 13,764,808 |
Total debt |  | 18,031,135 |  |  | 15,098,386 |
Less: current portion |  | (546,035) |  |  | (452,579) |
Less: unamortized debt issuance costs |  | (26,236) |  |  | (25,888) |
Long-term debt, net |  | $ | 17,458,864 |  |  | $ | 14,619,919 |
(1) Interest is payable monthly, with the exception of our senior notes, which are payable semi-annually. (2) Borrowings accrue interest at variable rates based on the Eurodollar rate (LIBOR), or the successor benchmark rate, the federal funds rate, or the prime rate, depending on the type of borrowing.
Schedule of Funding Vehicles [Table Text Block] |
(In billions) | Capacity
Warehouse facilities: |
December 2021 expiration | $ | 0.18 |
February 2022 expiration | 2.35 |
August 2022 expiration | 2.30 |
Combined warehouse facility limit | $ | 4.83 |
Unused capacity | $ | 1.67 |
Non-recourse notes payable outstanding: |
Warehouse facilities | $ | 3.16 |
Asset-backed term funding transactions | 12.26 |
Non-recourse notes payable | $ | 15.42 |

X
- Definition [Table Text Block] for Schedule of Funding Vehicles [Table] + References No definition available. + Details
Name: | kmx_ScheduleofFundingVehiclesTableTextBlock
Namespace Prefix: | kmx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration