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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 568.3 $ 494.3
Restricted cash 138.7 131.6
Trade and other receivables 793.1 186.5
Less: allowance for credit losses (4.1) (3.3)
Prepaid consigned vehicle charges 23.0  
Inventory 207.3 103.1
Other current assets 82.9 48.3
Income taxes receivable 20.5 2.6
Total current assets 1,829.7 963.1
Property, plant and equipment 1,144.9 459.1
Operating lease right-of-use assets 1,369.8 123.0
Other non-current assets 74.7 40.4
Intangible assets 2,670.6 322.7
Goodwill 4,769.1 948.8
Deferred tax assets 9.2 6.6
Total assets 11,868.0 2,863.7
Liabilities, Temporary Equity and Equity    
Auction proceeds payable 629.7 449.0
Trade and other liabilities 558.4 258.7
Current operating lease liabilities 90.1 12.7
Income taxes payable 7.0 41.3
Short-term debt 23.6 29.1
Current portion of long-term debt 95.7 4.4
Total current liabilities 1,404.5 795.2
Long-term operating lease liabilities 1,266.4 111.9
Long-term debt 3,124.7 577.1
Other non-current liabilities 59.3 35.4
Deferred tax liabilities 658.5 54.0
Total liabilities 6,513.4 1,573.6
Temporary equity:    
Series A Senior Preferred Shares; no par value, shares authorized, issued and outstanding at March 31, 2023: 485,000,000 (December 31, 2022: nil) 482.0  
Redeemable non-controlling interest 8.8  
Share capital:    
Common stock; no par value, unlimited shares authorized, issued and outstanding shares: 181,788,431 (December 31, 2022: 110,881,363) 3,984.5 246.3
Additional paid-in capital 88.8 85.3
Retained earnings 858.2 1,043.2
Accumulated other comprehensive loss (70.0) (85.1)
Stockholders' equity 4,861.5 1,289.6
Non-controlling interests 2.3 0.5
Total stockholders' equity 4,863.8 1,290.1
Total liabilities, temporary equity and equity $ 11,868.0 $ 2,863.7