Segments (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Schedule of Certain Information on a Segment Basis

Certain financial information on a segment basis is as follows:

	Three Months Ended March 31,
(in millions)	2021		2020
Revenues:
Domestic
New vehicle retail	$	614.6	$	470.6
Used vehicle retail	462.2		327.7
Used vehicle wholesale	36.2		26.1
Finance and insurance	58.6		45.1
Service, body and parts	120.8		117.2
Fleet and other	17.6		13.7
	1,310.0		1,000.4
Import
New vehicle retail	968.1		600.3
Used vehicle retail	562.1		354.8
Used vehicle wholesale	58.3		26.1
Finance and insurance	105.5		58.1
Service, body and parts	156.7		124.8
Fleet and other	14.1		11.8
	1,864.8		1,175.9
Luxury
New vehicle retail	614.1		301.0
Used vehicle retail	331.2		191.1
Used vehicle wholesale	39.8		14.2
Finance and insurance	36.9		16.9
Service, body and parts	121.7		83.4
Fleet and other	27.8		11.5
	1,171.5		618.1
	4,346.3		2,794.4
Corporate and other	(3.3)		9.4
	$	4,343.0	$	2,803.8
Segment income1:
Domestic	$	73.9	$	27.8
Import	101.5		24.7
Luxury	44.1		1.6
Total segment income for reportable segments	$	219.5	$	54.1

1Segment income for each of the segments is a Non-GAAP measure defined as Income from operations before income taxes, depreciation and amortization, other interest expense and other income, net.

Reconciliation of total segment income for reportable segments to our consolidated income before income taxes:

	Three Months Ended March 31,
(in millions)	2021		2020
Total segment income for reportable segments	$	219.5	$	54.1
Corporate and other	38.8		46.8
Depreciation and amortization	(26.8)		(22.0)
Other interest expense	(23.5)		(17.0)
Other income, net	3.4		2.3
Income before income taxes	$	211.4	$	64.2

Reconciliation of Assets from Segment to Consolidated

Total assets by reportable segments is as follows:

(in millions)	March 31, 2021		December 31, 2020
Total assets:
Domestic	$	1,238.0	$	1,262.4
Import	1,680.2		1,654.7
Luxury	1,091.7		1,132.4
Corporate and other	4,241.8		3,852.6
	$	8,251.6	$	7,902.1