ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2022

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) for the years ended December 31, 2022, 2021 and 2020 were as follows (in millions):


	Year Ended December 31, 2022
	Accumulated Income (Loss) on Foreign Currency Translation		Accumulated Income (Loss) on Interest Rate Swaps		Total
Balance, December 31, 2021	$	(158.2)	$	2.0	$	(156.2)
Other comprehensive income (loss) before reclassifications:
Pre-tax	(27.2)		110.0		82.7
Tax effect	—		(25.8)		(25.8)
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest income (pre-tax)	—		(0.8)		(0.8)
Other interest income, net (pre-tax)	—		(2.4)		(2.4)
Cumulative foreign currency translation adjustments associated with the Brazil Disposal	122.8		—		122.8
Other cumulative foreign currency translation adjustments	1.5		—		1.5
Provision for income taxes	—		0.8		0.8
Net current period other comprehensive income	97.1		81.6		178.7

Balance, December 31, 2022	$	(61.1)	$	83.6	$	22.5


	Year Ended December 31, 2021
	Accumulated Income (Loss) on Foreign Currency Translation		Accumulated Income (Loss) on Interest Rate Swaps		Total
Balance, December 31, 2020	$	(151.6)	$	(32.5)	$	(184.0)
Other comprehensive income (loss) before reclassifications:
Pre-tax	(6.7)		29.5		22.8
Tax effect	—		(6.9)		(6.9)
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)	—		3.7		3.7
Other interest expense (pre-tax)	—		4.1		4.1
Reclassification related to de-designated interest rate swaps (pre-tax)	—		7.9		7.9
Benefit for income taxes	—		(3.7)		(3.7)
Net current period other comprehensive (loss) income	(6.7)		34.5		27.8

Balance, December 31, 2021	$	(158.2)	$	2.0	$	(156.2)


	Year Ended December 31, 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	(8.7)		(45.5)		(54.2)
Tax effect	—		8.8		8.8
Amounts reclassified from accumulated other comprehensive income (loss):
Floorplan interest expense (pre-tax)	—		7.9		7.9
Other interest expense (pre-tax)	—		2.8		2.8
Realized loss on interest rate swap termination (pre-tax)	—		0.1		0.1
Benefit for income taxes	—		(2.6)		(2.6)
Net current period other comprehensive loss	(8.7)		(28.4)		(37.1)

Balance, December 31, 2020	$	(151.6)	$	(32.5)	$	(184.0)