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Revenues (Tables)
 6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenues disaggregated by revenue source and geographical segment
The following tables present the Company’s revenues disaggregated by revenue source and geographical segments (in millions):
 
 
Three Months Ended June 30, 2020
 
 
Six Months Ended June 30, 2020
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
REVENUES:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
New vehicle retail sales
 
$
915.7

 
$
127.2

 
$
19.8

 
$
1,062.7

 
 
$
1,904.1

 
$
423.5

 
$
77.3

 
$
2,404.8

Used vehicle retail sales
 
540.9

 
92.8

 
7.5

 
641.2

 
 
1,111.2

 
281.6

 
27.4

 
1,420.3

Used vehicle wholesale sales
 
30.5

 
15.3

 
2.9

 
48.7

 
 
77.3

 
51.1

 
6.7

 
135.2

Total new and used vehicle sales
 
1,487.1

 
235.3

 
30.1

 
1,752.5

 
 
3,092.6

 
756.2

 
111.4

 
3,960.3

Parts and service sales (1)
 
254.2

 
21.8

 
5.9

 
282.0

 
 
558.9

 
78.3

 
15.5

 
652.6

Finance, insurance and other, net (2)
 
89.8

 
6.4

 
0.6

 
96.7

 
 
187.2

 
19.7

 
2.3

 
209.2

Total revenues
 
$
1,831.1

 
$
263.5

 
$
36.6

 
$
2,131.2

 
 
$
3,838.7

 
$
854.2

 
$
129.1

 
$
4,822.0

 
 
Three Months Ended June 30, 2019
 
 
Six Months Ended June 30, 2019
 
 
U.S.
 
U.K.
 
Brazil
 
Total
 
 
U.S.
 
U.K.
 
Brazil
 
Total
REVENUES:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
New vehicle retail sales
 
$
1,188.8

 
$
302.2

 
$
74.4

 
$
1,565.4

 
 
$
2,220.5

 
$
620.8

 
$
138.5

 
$
2,979.9

Used vehicle retail sales
 
625.5

 
194.0

 
19.4

 
838.9

 
 
1,219.9

 
397.6

 
40.7

 
1,658.1

Used vehicle wholesale sales
 
44.3

 
46.9

 
4.8

 
96.0

 
 
87.1

 
92.1

 
8.9

 
188.1

Total new and used vehicle sales
 
1,858.5

 
543.1

 
98.6

 
2,500.3

 
 
3,527.5

 
1,110.5

 
188.1

 
4,826.1

Parts and service sales (1)
 
309.6

 
56.4

 
12.2

 
378.2

 
 
607.2

 
115.9

 
24.2

 
747.3

Finance, insurance and other, net (2)
 
110.5

 
15.0

 
1.8

 
127.3

 
 
206.7

 
30.2

 
3.8

 
240.6

Total revenues
 
$
2,278.7

 
$
614.4

 
$
112.6

 
$
3,005.7

 
 
$
4,341.5

 
$
1,256.6

 
$
216.0

 
$
5,814.1


(1) The Company has applied the optional exemption not to disclose revenues related to remaining performance obligations on its maintenance and repair services as the duration of these contracts is less than one year. Revenues from these contracts is recognized upon completion of the services, which occurs over time.
(2) Includes variable consideration recognized of $5.4 million and $9.0 million during the three months ended June 30, 2020 and 2019, respectively, and $9.3 million and $12.2 million during the six months ended June 30, 2020 and 2019, respectively, relating to performance obligations satisfied in previous periods on the Company’s retrospective commission income contracts.