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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and cash equivalents $ 63.9 $ 75.4
Receivables, net 758.1 817.8
Inventory 3,226.9 2,899.0
Other current assets 202.7 207.0
Total Current Assets 4,251.6 3,999.2
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $981.1 million and $930.5 million, respectively 2,494.4 2,422.0
GOODWILL 1,346.0 1,314.7
OTHER INTANGIBLE ASSETS, NET 406.9 354.7
OTHER ASSETS 352.5 309.1
Total Assets 8,851.4 8,399.7
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 3,203.8 3,097.2
Accounts payable 282.4 264.7
Commercial paper 435.0 0.0
Current maturities of long-term debt 22.3 25.0
Other current liabilities 530.0 495.1
Total Current Liabilities 4,473.5 3,882.0
LONG-TERM DEBT, NET OF CURRENT MATURITIES 1,747.8 2,103.4
DEFERRED INCOME TAXES 161.0 137.9
OTHER LIABILITIES $ 204.2 $ 204.3
COMMITMENTS AND CONTINGENCIES (Note 11)
SHAREHOLDERS’ EQUITY:    
Preferred stock, par value $0.01 per share; 5,000,000 shares authorized; none issued $ 0.0 $ 0.0
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 163,562,149 shares issued at September 30, 2015, and December 31, 2014, including shares held in treasury 1.6 1.6
Additional paid-in capital 78.7 61.8
Retained earnings 4,101.7 3,756.6
Treasury stock, at cost; 52,535,465 and 50,248,909 shares held, respectively (1,917.1) (1,747.9)
Total Shareholders’ Equity 2,264.9 2,072.1
Total Liabilities and Shareholders’ Equity 8,851.4 8,399.7
Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable 2,253.3 2,090.7
Non-Trade [Member]    
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Vehicle floorplan payable $ 950.5 $ 1,006.5