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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Changes in the balances of each component of accumulated other comprehensive loss
Changes in the balances of each component of Accumulated other comprehensive income (loss) were as follows (in millions):
 
 
Six Months Ended June 30, 2020
 
 
Accumulated income (loss) on foreign currency translation
 
Accumulated income (loss) on interest rate swaps
 
Total
Balance, December 31, 2019
 
$
(142.9
)
 
$
(4.1
)
 
$
(147.0
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
Pre-tax
 
(30.4
)
 
(49.8
)
 
(80.2
)
Tax effect
 

 
11.2

 
11.2

Amount reclassified from accumulated other comprehensive income (loss):
 
 
 
 
 
 
Floorplan interest expense (pre-tax)
 

 
2.7

 
2.7

Other interest expense, net (pre-tax)
 

 
0.8

 
0.8

Provision (benefit) for income taxes
 

 
(0.8
)
 
(0.8
)
Net current period other comprehensive income (loss)
 
(30.4
)
 
(36.0
)
 
(66.4
)
Balance, June 30, 2020
 
$
(173.2
)
 
$
(40.1
)
 
$
(213.3
)

 
 
Six Months Ended June 30, 2019
 
 
Accumulated income (loss) on foreign currency translation
 
Accumulated income (loss) on interest rate swaps
 
Total
Balance, December 31, 2018
 
$
(146.7
)
 
$
8.9

 
$
(137.8
)
Other comprehensive income (loss) before reclassifications:
 
 
 
 
 
 
Pre-tax
 
(0.4
)
 
(17.9
)
 
(18.4
)
Tax effect
 

 
4.3

 
4.3

Amount reclassified from accumulated other comprehensive income (loss) to
 
 
 
 
 
 
Floorplan interest expense (pre-tax)
 

 
(0.6
)
 
(0.6
)
Other interest expense (pre-tax)
 

 
(0.2
)
 
(0.2
)
Provision (benefit) for income taxes
 

 
0.2

 
0.2

Net current period other comprehensive income (loss)
 
(0.4
)
 
(14.3
)
 
(14.8
)
Balance, June 30, 2019
 
$
(147.1
)
 
$
(5.4
)
 
$
(152.5
)