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VIE Arrangements
12 Months Ended
Dec. 31, 2022
Variable Interest Entity Disclosure [Abstract]  
VIE Arrangements VIE Arrangements
The Company consolidated various VIEs at December 31, 2022 and 2021. The carrying amounts and classification of the VIEs’ assets and liabilities included in the consolidated balance sheets are as follows (in thousands):
December 31,
20222021
Assets
Current assets
Cash
$457,005 $377,044 
Restricted cash
44,514 70,346 
Accounts receivable, net
66,847 55,714 
Inventories193,836 93,604 
Prepaid expenses and other current assets
12,698 1,519 
Total current assets
774,900 598,227 
Solar energy systems, net
8,968,835 7,605,769 
Other assets
287,771 177,224 
Total assets
$10,031,506 $8,381,220 
Liabilities
Current liabilities
Accounts payable
$36,315 $26,042 
Distributions payable to noncontrolling interests
   and redeemable noncontrolling interests
32,051 31,582 
Accrued expenses and other liabilities
32,512 31,036 
Deferred revenue, current portion
49,037 45,956 
Deferred grants, current portion
— 997 
Non-recourse debt, current portion39,894 41,284 
Total current liabilities
189,809 176,897 
Deferred revenue, net of current portion
572,420 484,429 
Deferred grants, net of current portion
— 24,637 
Non-recourse debt, net of current portion1,449,513 1,441,324 
Other liabilities15,260 25,205 
Total liabilities
$2,227,002 $2,152,492 
The Company holds certain variable interests in nonconsolidated VIEs established as a result of six pass-through Fund arrangements as further explained in Note 13, Pass-Through Financing Obligations. The Company does not have material exposure to losses as a result of its involvement with the VIEs in excess of the amount of the pass-through financing obligation recorded in the Company’s consolidated financial statements. The Company is not considered the primary beneficiary of these VIEs.