ASSETS AND LIABILITIES HELD FOR SALE (Tables)

9 Months Ended

Sep. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Summary of Assets Held for Sale and Liabilities Associated with Assets Held for Sale

A summary of assets held for sale and liabilities associated with assets held for sale is as follows:

	As of
	September 30, 2022		December 31, 2021
	(In millions)
Assets:
Inventory	$	42.9	$	24.1
Loaner vehicles	3.7		4.6
Property and equipment, net	130.0		110.8
Operating lease right-of-use assets	2.3		7.1
Goodwill	18.5		118.5
Intangible franchise rights	6.8		110.0
Total assets held for sale	204.2		375.1
Liabilities:
Floor plan notes payable—trade	2.0		—
Floor plan notes payable—non-trade	18.8		9.1
Loaner vehicles payable	3.0		4.6
Current maturities of long-term debt	7.9		—
Current maturities of operating leases	—		2.7
Long-term debt	30.9		—
Operating lease liabilities	2.2		4.4
Total liabilities associated with assets held for sale	65.0		20.8
Net assets held for sale	$	139.2	$	354.3