Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 66.2	$ 23.8
Contracts-in-transit and vehicle receivables, net	218.9	253.8
Accounts and notes receivables, net	193.5	225.1
Inventories, net	1,375.7	1,901.7
Prepaid expenses	39.8	96.4
Other current assets	22.6	15.5
TOTAL CURRENT ASSETS	1,916.6	2,516.3
Property and equipment, net of accumulated depreciation of $441.9 and $400.2, respectively	1,592.0	1,547.1
Operating lease assets	209.9	220.1
Goodwill	993.5	1,008.3
Intangible franchise rights	241.3	253.5
Other long-term assets	30.0	24.8
TOTAL ASSETS	4,983.4	5,570.2
CURRENT LIABILITIES:
Floorplan notes payable — credit facility and other, net of offset account of $108.2 and $106.8, respectively	771.3	1,144.4
Floorplan notes payable — manufacturer affiliates, net of offset account of $18.5 and $4.1, respectively	314.8	459.9
Current maturities of long-term debt	65.8	59.1
Current operating lease liabilities	21.5	24.6
Accounts payable	408.3	527.5
Accrued expenses and other current liabilities	230.4	206.7
TOTAL CURRENT LIABILITIES	1,812.1	2,422.3
Long-term debt	1,307.8	1,432.1
Long-term operating lease liabilities	207.1	210.7
Deferred income taxes	135.4	145.7
Long-term interest rate swap liabilities	49.4	4.4
Other long-term liabilities	114.8	99.2
Commitments and Contingencies (Note 12)
STOCKHOLDERS’ EQUITY:
Common stock, $0.01 par value, 50,000,000 shares authorized; 25,439,746 and 25,486,711 shares issued, respectively	0.3	0.3
Additional paid-in capital	304.0	295.3
Retained earnings	1,723.3	1,542.4
Accumulated other comprehensive income (loss)	(206.3)	(147.0)
Treasury stock, at cost; 7,122,366 and 6,858,503 shares, respectively	(464.3)	(435.3)
TOTAL STOCKHOLDERS’ EQUITY	1,356.9	1,255.7
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 4,983.4	$ 5,570.2