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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 599.5 $ 576.2
Restricted cash 146.1 171.7
Trade and other receivables, net of allowance for credit losses of $8.7 and $6.4, respectively 911.8 731.5
Prepaid consigned vehicle charges 57.2 66.9
Inventory 145.9 166.5
Other current assets 82.9 91.2
Income taxes receivable 22.2 10.0
Total current assets 1,965.6 1,814.0
Property, plant and equipment, net 1,230.9 1,200.9
Operating lease right-of-use assets 1,455.2 1,475.5
Other non-current assets 92.6 85.6
Intangible assets, net 2,791.5 2,914.1
Goodwill 4,526.4 4,537.0
Deferred tax assets 16.7 10.3
Total assets 12,078.9 12,037.4
Liabilities, Temporary Equity and Stockholders' Equity    
Auction proceeds payable 651.0 502.5
Trade and other liabilities 709.1 685.8
Current operating lease liabilities 115.2 118.0
Income taxes payable 8.7 8.5
Short-term debt 29.9 13.7
Current portion of long-term debt 4.3 14.2
Total current liabilities 1,518.2 1,342.7
Long-term operating lease liabilities 1,345.4 1,354.3
Long-term debt 2,822.6 3,061.6
Other non-current liabilities 87.6 86.7
Deferred tax liabilities 657.2 682.7
Total liabilities 6,431.0 6,528.0
Temporary equity:    
Series A Senior Preferred Shares; shares authorized, issued and outstanding: 485,000,000 (December 31, 2023: 485,000,000) 482.0 482.0
Redeemable non-controlling interest 8.3 8.4
Stockholders' equity:    
Senior preferred and junior preferred stock, unlimited shares authorized; shares issued and outstanding, other than Series A Senior Preferred Shares: nil (December 31, 2023: nil) 0.0 0.0
Common stock, no par value, unlimited shares authorized; shares issued and outstanding: 184,238,275 (December 31, 2023: 182,843,942) 4,132.7 4,054.2
Additional paid-in capital 81.9 88.0
Retained earnings 1,020.2 918.5
Accumulated other comprehensive loss (79.5) (44.0)
Stockholders' equity 5,155.3 5,016.7
Non-controlling interests 2.3 2.3
Total stockholders' equity 5,157.6 5,019.0
Total liabilities, temporary equity and stockholders' equity $ 12,078.9 $ 12,037.4