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v3.23.1

Asset-Backed Financing (Tables) | 3 Months Ended
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Mar. 31, 2023
Transfers and Servicing [Abstract] |
Schedule of Assets and Liabilities Related to the On-Balance Sheet Financing | The assets and liabilities related to the on-balance sheet asset-backed financings included in the Consolidated balance sheets were as follows (in thousands):
| March 31, 2023
| Finance receivables |  | Allowance for credit losses |  | Restricted cash |  | Other assets |  | Total assets |  | Asset-backed debt, net
On-balance sheet assets and liabilities: |  |  |  |  |  |  |  |  |  |  |
Consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed securitizations | $ | 2,815,885 |  |  | $ | (144,336) |  |  | $ | 142,265 |  |  | $ | 8,799 |  |  | $ | 2,822,613 |  |  | $ | 2,257,799 |
Asset-backed U.S. commercial paper conduit facility | 410,529 |  |  | (21,031) |  |  | 29,020 |  |  | 1,939 |  |  | 420,457 |  |  | 372,816 |
Unconsolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility | 70,485 |  |  | (2,980) |  |  | 5,193 |  |  | 151 |  |  | 72,849 |  |  | 62,195 |
| $ | 3,296,899 |  |  | $ | (168,347) |  |  | $ | 176,478 |  |  | $ | 10,889 |  |  | $ | 3,315,919 |  |  | $ | 2,692,810 |
| December 31, 2022
| Finance receivables |  | Allowance for credit losses |  | Restricted cash |  | Other assets |  | Total assets |  | Asset-backed debt, net
On-balance sheet assets and liabilities: |  |  |  |  |  |  |  |  |  |  |
Consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed securitizations | $ | 2,558,450 |  |  | $ | (130,774) |  |  | $ | 114,254 |  |  | $ | 7,899 |  |  | $ | 2,549,829 |  |  | $ | 2,019,414 |
Asset-backed U.S. commercial paper conduit facility | 474,167 |  |  | (24,236) |  |  | 26,874 |  |  | 1,906 |  |  | 478,711 |  |  | 425,794 |
Unconsolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility | 82,375 |  |  | (3,452) |  |  | 4,873 |  |  | 130 |  |  | 83,926 |  |  | 71,785 |
| $ | 3,114,992 |  |  | $ | (158,462) |  |  | $ | 146,001 |  |  | $ | 9,935 |  |  | $ | 3,112,466 |  |  | $ | 2,516,993 |
| March 27, 2022
| Finance receivables |  | Allowance for credit losses |  | Restricted cash |  | Other assets |  | Total assets |  | Asset-backed debt, net
On-balance sheet assets and liabilities: |  |  |  |  |  |  |  |  |  |  |
Consolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed securitizations | $ | 1,755,446 |  |  | $ | (88,090) |  |  | $ | 131,992 |  |  | $ | 3,724 |  |  | $ | 1,803,072 |  |  | $ | 1,357,558 |
Asset-backed U.S. commercial paper conduit facility | 290,481 |  |  | (14,549) |  |  | 24,305 |  |  | 649 |  |  | 300,886 |  |  | 269,534 |
Unconsolidated VIEs: |  |  |  |  |  |  |  |  |  |  |
Asset-backed Canadian commercial paper conduit facility | 108,052 |  |  | (4,457) |  |  | 8,129 |  |  | 43 |  |  | 111,767 |  |  | 95,664 |
| $ | 2,153,979 |  |  | $ | (107,096) |  |  | $ | 164,426 |  |  | $ | 4,416 |  |  | $ | 2,215,725 |  |  | $ | 1,722,756 |

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- Definition Tabular disclosure of the carrying amount and classification of assets and liabilities recognized in the transferor's statement of financial position at the end of each period presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Subparagraph (b)(1) -SubTopic 30 -Topic 860 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481420/860-30-50-1A + Details
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- References No definition available. + Details
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