XML 195 R66.htm IDEA: XBRL DOCUMENT v3.24.0.1
Business Combinations (Schedule of Purchase Price Allocation) (Details) - USD ($)
$ in Millions
Mar. 20, 2023
Jan. 22, 2023
Jan. 03, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Liabilities assumed:            
Goodwill acquired on acquisition       $ 4,537.0 $ 948.8 $ 947.7
IAA            
Business Acquisition [Line Items]            
Total cash consideration paid $ 1,714.2 $ 1,700.0        
Total fair value of consideration transferred 6,646.1          
Assets acquired:            
Cash and cash equivalents 166.6          
Trade and other receivables, and other current assets 496.8          
Inventory 57.1          
Other current assets 28.0          
Income taxes receivable 0.6          
Property, plant and equipment 618.5          
Operating lease right-of-use assets 1,281.0          
Other non-current assets 34.8          
Intangible assets 2,712.1          
Liabilities assumed:            
Auction proceeds payable 60.7          
Trade and other liabilities 258.4          
Current operating lease liability 75.2          
Income taxes payable 3.7          
Long-term operating lease liability 1,186.3          
Other non-current liabilities 23.8          
Deferred tax liabilities 688.5          
Fair value of identifiable net assets acquired 3,098.9          
Goodwill acquired on acquisition $ 3,547.2          
VeriTread            
Business Acquisition [Line Items]            
Total cash consideration paid     $ 28.1      
Fair value of previously held interest     4.3      
Total fair value of consideration transferred     32.4      
Assets acquired:            
Cash and cash equivalents     3.4      
Trade and other receivables, and other current assets     0.9      
Intangible assets     14.7      
Liabilities assumed:            
Trade and other liabilities     1.1      
Fair value of identifiable net assets acquired     17.9      
Redeemable non-controlling interest     (8.9)      
Non-controlling interest     (1.8)      
Goodwill acquired on acquisition     $ 25.2