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Segment Information
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
At December 31, 2018, 2017, and 2016, we had three reportable segments: (1) Domestic, (2) Import, and (3) Premium Luxury. Our Domestic segment is comprised of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and FCA US. Our Import segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, and Nissan. Our Premium Luxury segment is comprised of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, Lexus, and Jaguar Land Rover. The franchises in each segment also sell used vehicles, parts and automotive services, and automotive finance and insurance products.
“Corporate and other” is comprised of our other businesses, including collision centers, auction operations, AutoNation USA stand-alone used vehicle sales and service centers, and aftermarket collision parts businesses, all of which generate revenues but do not meet the quantitative thresholds for determining reportable segments, as well as unallocated corporate overhead expenses and retrospective commissions for certain finance and insurance transactions that we arrange under agreements with third parties.
The reportable segments identified above are the business activities of the Company for which discrete financial information is available and for which operating results are regularly reviewed by our chief operating decision maker to allocate resources and assess performance. Our chief operating decision maker is our Chief Executive Officer.
The following tables provide information on revenues from external customers, segment income of our reportable segments, floorplan interest expense, depreciation and amortization, total assets, and capital expenditures.
 
 
Year Ended December 31, 2018
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
7,134.5

 
$
6,786.4

 
$
7,010.9

 
$
481.0

 
$
21,412.8

Floorplan interest expense
 
$
51.3

 
$
31.0

 
$
41.7

 
$
6.4

 
$
130.4

Depreciation and amortization
 
$
37.3

 
$
33.2

 
$
47.6

 
$
48.1

 
$
166.2

Segment income (loss)(1)
 
$
249.3

 
$
304.7

 
$
340.9

 
$
(247.4
)
 
$
647.5

Capital expenditures
 
$
77.7

 
$
56.2

 
$
144.2

 
$
115.5

 
$
393.6

Segment assets
 
$
2,684.5

 
$
1,934.3

 
$
3,046.4

 
$
2,999.9

 
$
10,665.1

 
 
Year Ended December 31, 2017
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
7,452.8

 
$
6,873.4

 
$
6,832.7

 
$
375.7

 
$
21,534.6

Floorplan interest expense
 
$
40.9

 
$
23.2

 
$
28.4

 
$
4.5

 
$
97.0

Depreciation and amortization
 
$
38.2

 
$
34.3

 
$
44.5

 
$
41.6

 
$
158.6

Segment income (loss)(1)
 
$
257.1

 
$
303.1

 
$
348.8

 
$
(162.6
)
 
$
746.4

Capital expenditures
 
$
36.2

 
$
32.8

 
$
101.7

 
$
162.2

 
$
332.9

Segment assets
 
$
2,563.9

 
$
1,992.6

 
$
2,716.8

 
$
2,998.2

 
$
10,271.5

 
 
Twelve Months Ended December 31, 2016
 
 
Domestic
 
Import
 
Premium Luxury
 
Corporate and other
 
Total
Revenues from external customers
 
$
7,810.0

 
$
6,886.1

 
$
6,665.3

 
$
247.6

 
$
21,609.0

Floorplan interest expense
 
$
33.7

 
$
17.4

 
$
22.7

 
$
2.7

 
$
76.5

Depreciation and amortization
 
$
37.5

 
$
35.4

 
$
40.7

 
$
29.8

 
$
143.4

Segment income (loss)(1)
 
$
311.1

 
$
296.8

 
$
350.2

 
$
(145.1
)
 
$
813.0

Capital expenditures
 
$
62.5

 
$
28.0

 
$
95.6

 
$
67.1

 
$
253.2

(1)Segment income is defined as operating income less floorplan interest expense.


The following is a reconciliation of the total of the reportable segments’ revenue and segment income to our consolidated revenue and income from continuing operations before income taxes, respectively.
 
Years Ended December 31,
 
2018
 
2017
 
2016
Total external revenues for reportable segments
$
20,931.8

 
$
21,158.9

 
$
21,361.4

Corporate and other revenues
481.0

 
375.7

 
247.6

Total consolidated revenues
$
21,412.8

 
$
21,534.6

 
$
21,609.0

 
Years Ended December 31,
 
2018
 
2017
 
2016
Total segment income for reportable segments
$
894.9

 
$
909.0

 
$
958.1

Corporate and other
(247.4
)
 
(162.6
)
 
(145.1
)
Other interest expense
(119.4
)
 
(120.2
)
 
(115.5
)
Interest income
1.1

 
1.0

 
1.1

Other income, net
0.2

 
9.3

 
3.7

Income from continuing operations before income taxes
$
529.4

 
$
636.5

 
$
702.3