Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,047	$ 403
Restricted cash	150	233
Accounts receivable, net	428	206
Finance receivables held for sale, net	393	356
Vehicle inventory	2,865	3,149
Beneficial interests in securitizations	401	382
Other current assets, including $8 and $12, respectively, due from related parties	207	163
Total current assets	5,491	4,892
Property and equipment, net	3,261	1,560
Operating lease right-of-use assets, including $15 and $17, respectively, from leases with related parties	659	369
Intangible assets, net	82	4
Goodwill	847	9
Other assets, including $3 and $7, respectively, due from related parties	162	181
Total assets	10,502	7,015
Current liabilities:
Accounts payable and accrued liabilities, including $24 and $27, respectively, due to related parties	981	656
Short-term revolving facilities	1,118	2,053
Current portion of long-term debt	212	152
Other current liabilities, including $4 and $3, respectively, from leases with related parties	57	29
Total current liabilities	2,368	2,890
Long-term debt, excluding current portion	6,605	3,208
Operating lease liabilities, excluding current portion, including $11 and $13, respectively, from leases with related parties	640	361
Other liabilities	25	31
Total liabilities	9,638	6,490
Commitments and contingencies (Note 17)
Stockholders' equity:
Preferred stock, $0.01 par value - 50,000 shares authorized; none issued and outstanding as of June 30, 2022 and December 31, 2021	0	0
Additional paid-in capital	1,526	795
Accumulated deficit	(987)	(489)
Total stockholders' equity attributable to Carvana Co.	539	306
Non-controlling interests	325	219
Total stockholders' equity	864	525
Total liabilities & stockholders' equity	10,502	7,015
Class A Common Stock
Stockholders' equity:
Common stock	0	0
Class B Common Stock
Stockholders' equity:
Common stock	$ 0	$ 0