CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019
Operating Activities:
Net income	$ 51.5	$ 99.2
Adjustments to reconcile net income to net cash from continuing operating activities:
Depreciation	28.5	26.4
Earnings of equity method investments	(14.5)	(26.8)
(Income) loss from discontinued operations, net of tax	(0.1)	(0.1)
Deferred income taxes	28.4	11.8
Changes in operating assets and liabilities:
Accounts receivable	343.9	(104.9)
Inventories	(9.3)	(90.5)
Floor plan notes payable	(126.8)	83.9
Accounts payable and accrued expenses	(84.9)	134.5
Other	(4.8)	(42.1)
Net cash provided by continuing operating activities	211.9	91.4
Investing Activities:
Purchase of equipment and improvements	(25.7)	(63.1)
Proceeds from sale of dealerships	10.3	7.2
Proceeds from sale-leaseback transactions		7.3
Acquisitions net, including repayment of sellers' floor plan notes payable of $138.5, $58.2, and $101.6, respectively		(1.1)
Other	(0.7)	(0.2)
Net cash used in continuing investing activities	(16.1)	(49.9)
Financing Activities:
Proceeds from borrowings under U.S. credit agreement revolving credit line	515.0	406.0
Repayments under U.S. credit agreement revolving credit line	(210.0)	(381.0)
Net (repayments) of other long-term debt	(22.1)	(35.6)
Net borrowings of floor plan notes payable - non-trade	11.7	60.1
Payments for contingent consideration	(21.1)
Repurchases of common stock	(29.4)	(54.3)
Dividends	(34.2)	(32.2)
Other		(0.1)
Net cash provided by (used in) continuing financing activities	209.9	(37.1)
Discontinued operations:
Net cash provided by (used in) discontinued operating activities	0.1	(0.1)
Net cash provided by discontinued investing activities
Net cash provided by discontinued financing activities
Net cash provided by (used in) discontinued operations	0.1	(0.1)
Effect of exchange rate changes on cash and cash equivalents	(2.0)	(0.2)
Net change in cash and cash equivalents	403.8	4.1
Cash and cash equivalents, beginning of period	28.1	39.4
Cash and cash equivalents, end of period	431.9	43.5
Cash paid (received) for:
Interest	36.3	35.8
Income taxes	$ (3.3)	$ 8.8

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