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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net cash provided by operating activities $ 975,701 $ 1,177,890 $ 868,272
Cash flows from investing activities:      
Capital expenditures (120,181) (131,050) (181,440)
Origination of finance receivables (4,243,710) (3,497,486) (3,847,322)
Collections on finance receivables 3,902,304 3,540,289 3,499,717
Other investing activities 2,140 21,464 20,919
Net cash used by investing activities (459,447) (66,783) (508,126)
Cash flows from financing activities:      
Proceeds from issuance of medium-term notes 0 1,396,602 1,203,236
Repayments of medium-term notes (1,400,000) (1,400,000) (1,350,000)
Proceeds from securitization debt 1,169,910 2,064,450 1,021,453
Repayments of securitization debt (1,340,638) (1,041,751) (353,251)
Borrowings of asset-backed commercial paper 98,863 225,187 177,950
Repayments of asset-backed commercial paper (261,367) (318,828) (318,006)
Net (decrease) increase in unsecured commercial paper (260,250) 444,380 (563,453)
Net increase in deposits 210,112 79,947 0
Dividends paid (92,426) (68,087) (237,221)
Repurchase of common stock (11,623) (8,006) (296,520)
Other financing activities 2,488 89 3,589
Net cash (used) provided by financing activities (1,884,931) 1,373,983 (712,223)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (15,272) 18,712 (2,305)
Net (decrease) increase in cash, cash equivalents and restricted cash (1,383,949) 2,503,802 (354,382)
Cash, cash equivalents and restricted cash:      
Cash, cash equivalents and restricted cash, beginning of period 3,409,168 905,366 1,259,748
Net (decrease) increase in cash, cash equivalents and restricted cash (1,383,949) 2,503,802 (354,382)
Cash, cash equivalents and restricted cash, end of period 2,025,219 3,409,168 905,366
Reconciliation of cash, cash equivalents and restricted cash on the Consolidated balance sheets to the Consolidated statements of cash flows:      
Cash and cash equivalents 1,874,745 3,257,203 833,868
Restricted cash 128,935 131,642 64,554
Restricted cash included in Other long-term assets $ 21,539 $ 20,323 $ 6,944