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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 462.8 $ 576.2
Restricted cash 134.6 171.7
Trade and other receivables, net of allowance for credit losses of $8.4 and $6.4, respectively 944.6 731.5
Prepaid consigned vehicle charges 60.3 66.9
Inventory 172.9 166.5
Other current assets 95.0 91.2
Income taxes receivable 14.6 10.0
Total current assets 1,884.8 1,814.0
Property, plant and equipment, net 1,214.6 1,200.9
Operating lease right-of-use assets 1,457.7 1,475.5
Other non-current assets 93.4 85.6
Intangible assets, net 2,853.8 2,914.1
Goodwill 4,528.8 4,537.0
Deferred tax assets 12.1 10.3
Total assets 12,045.2 12,037.4
Liabilities, Temporary Equity and Stockholders' Equity    
Auction proceeds payable 663.9 502.5
Trade and other liabilities 618.6 685.8
Current operating lease liabilities 119.1 118.0
Income taxes payable 33.4 8.5
Short-term debt 24.8 13.7
Current portion of long-term debt 4.4 14.2
Total current liabilities 1,464.2 1,342.7
Long-term operating lease liabilities 1,340.6 1,354.3
Long-term debt 2,921.8 3,061.6
Other non-current liabilities 85.1 86.7
Deferred tax liabilities 674.5 682.7
Total liabilities 6,486.2 6,528.0
Temporary equity:    
Series A Senior Preferred Shares; no par value, shares authorized, issued and outstanding: 485,000,000 (December 31, 2023: 485,000,000) 482.0 482.0
Redeemable non-controlling interest 8.4 8.4
Share capital:    
Common stock; no par value, unlimited shares authorized, issued and outstanding shares: 183,610,424 (December 31, 2023: 182,843,942) 4,094.5 4,054.2
Additional paid-in capital 73.1 88.0
Retained earnings 967.7 918.5
Accumulated other comprehensive loss (69.0) (44.0)
Stockholders' equity 5,066.3 5,016.7
Non-controlling interests 2.3 2.3
Total stockholders' equity 5,068.6 5,019.0
Total liabilities, temporary equity and stockholders' equity $ 12,045.2 $ 12,037.4