v3.22.4
Debt Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Debt instruments, excluding finance leases, which are discussed in Note 16 — Leases, as of December 31, 2022 and 2021 consisted of the following:
December 31,
20222021
(in millions)
Asset-based financing:
Floor plan facility$569 $1,877 
Finance receivable facilities965 176 
Financing of beneficial interest in securitizations268 282 
Notes payable3 10 
Real estate financing486 447 
Total asset-based financing2,291 2,792 
Senior notes5,725 2,450 
Total debt8,016 5,242 
Less: current portion(1,638)(2,154)
Less: unamortized debt issuance costs (1)
(82)(34)
Total included in long-term debt, net$6,296 $3,054 
(1) The unamortized debt issuance costs related to long-term debt are presented as a reduction of the carrying amount of the corresponding liabilities on the accompanying consolidated balance sheets. Unamortized debt issuance costs related to revolving debt arrangements are presented within other assets on the accompanying consolidated balance sheets and not included here.
The following table summarizes components of the Company's senior secured notes:

December 31,
2022		December 31,
2021		Interest Rate
(in millions, except percentages)
2025 Senior Unsecured Notes due October 1, 2025 ("2025 Notes")$500 $500 5.625 %
2027 Senior Unsecured Notes due April 15, 2027 ("2027 Notes")600 600 5.500 %
2028 Senior Unsecured Notes due October 1, 2028 ("2028 Notes")600 600 5.875 %
2029 Senior Unsecured Notes due September 1, 2029 ("2029 Notes")750 750 4.875 %
2030 Senior Unsecured Notes due May 1, 2030 ("2030 Notes")3,275 — 10.250 %
Total principal amount5,725 2,450 
Less: unamortized debt issuance cost(76)(28)
Total debt$5,649 $2,422 
Schedule of Future Minimum Principal Payments of Notes Payable The following table summarizes the aggregate principal maturities due in each period for notes payable, Senior Notes, real estate financing, and financing of beneficial interests in securitizations as of December 31, 2022. Maturities related to financing
of beneficial interests in securitizations are estimated based on expected timing of payments from the securitization trusts to the lender.

As of December 31, 2022
(in millions)
2023$105 
202476 
2025553 
202629 
2027608 
Thereafter5,111 
Total$6,482