Fair Value (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, were as follows (in thousands):

	2021
	Balance		Level 1		Level 2
Assets:
Cash equivalents	$	1,617,887	$	1,337,900	$	279,987
Marketable securities	49,650		49,650		—
Derivative financial instruments	52,034		—		52,034
	$	1,719,571	$	1,387,550	$	332,021
Liabilities:
Derivative financial instruments	$	2,361	$	—	$	2,361
	2020
	Balance		Level 1		Level 2
Assets:
Cash equivalents	$	3,019,884	$	2,819,884	$	200,000
Marketable securities	52,061		52,061		—
Derivative financial instruments	140,266		—		140,266
	$	3,212,211	$	2,871,945	$	340,266
Liabilities:
Derivative financial instruments	$	25,521	$	—	$	25,521

Summary Of The Fair Value And Carrying Value Of The Company's Financial Instruments

The fair value and carrying value of the Company’s remaining financial instruments that are measured at cost or amortized cost at December 31, were as follows (in thousands):

	2021				2020
	Fair Value		Carrying Value		Fair Value		Carrying Value
Assets:
Finance receivables, net	$	6,794,499	$	6,571,921	$	6,586,348	$	6,443,008
Liabilities:
Deposits, net	$	293,602	$	290,326	$	79,965	$	79,965
Debt:
Unsecured commercial paper	$	751,286	$	751,286	$	1,014,274	$	1,014,274
Asset-backed U.S. commercial paper conduit facilities	$	272,589	$	272,589	$	402,205	$	402,205
Asset-backed Canadian commercial paper conduit facility	$	85,054	$	85,054	$	116,678	$	116,678
Asset-backed securitization debt	$	1,633,749	$	1,627,142	$	1,817,892	$	1,791,956
Medium-term notes	$	3,513,815	$	3,408,660	$	5,118,928	$	4,917,714
Senior notes	$	790,373	$	744,668	$	828,141	$	743,977