Non-Insurance Revenues from Contracts with Customers |
3 Months Ended |
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Mar. 31, 2025 | |
| Revenue from Contract with Customer [Abstract] | |
| Non-Insurance Revenues from Contracts with Customers | Non-Insurance Revenues from Contracts with Customers The Company had a deferred non-insurance warranty revenue balance of $4.5 billion reported under Liabilities as of March 31, 2025 and December 31, 2024. For the three months ended March 31, 2025 and 2024, the Company recognized $0.4 billion of revenues in each period that were included in the deferred revenue balance as of January 1, 2025 and 2024. For the three months ended March 31, 2025 and 2024, Non-insurance warranty revenue recognized from performance obligations related to prior periods due to a change in estimate was not material. The Company expects to recognize approximately $1.1 billion of the deferred revenue in the remainder of 2025, $1.0 billion in 2026, $0.9 billion in 2027 and $1.5 billion thereafter.
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