Accounts Payable and Other Accrued Liabilities

9 Months Ended

Sep. 30, 2021

Payables and Accruals [Abstract]

Accounts Payable and Other Accrued Liabilities

NOTE 5 — ACCOUNTS PAYABLE AND OTHER ACCRUED LIABILITIES

The following table summarizes accounts payable and other accrued liabilities as of September 30, 2021 and December 31, 2020:

	September 30, 2021		December 31, 2020
	(in millions)
Accounts payable, including $23 and $16, respectively, due to related parties	$	200	$	67
Sales taxes and vehicle licenses and fees	136		71
Accrued compensation and benefits	65		34
Accrued interest expense	56		20
Accrued property and equipment	51		33
Reserve for returns and cancellations	45		25
Accrued advertising costs	38		21
Customer deposits	32		17
Other accrued liabilities	77		54
Total accounts payable and accrued liabilities	$	700	$	342