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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 60.4 $ 569.6
Receivables, net 730.0 845.2
Inventory 1,847.9 2,598.5
Other current assets 173.4 139.4
Total Current Assets 2,811.7 4,152.7
PROPERTY AND EQUIPMENT, NET 3,419.5 3,138.1
OPERATING LEASE ASSETS 284.0 309.5
GOODWILL 1,235.3 1,185.0
OTHER INTANGIBLE ASSETS, NET 743.5 521.5
OTHER ASSETS 449.6 580.4
Total Assets 8,943.6 9,887.2
CURRENT LIABILITIES:    
Vehicle floorplan payable 1,457.6 2,759.9
Accounts payable 395.9 335.2
Commercial paper 340.0 0.0
Current maturities of long-term debt 12.2 309.2
Accrued payroll and benefits 279.9 225.8
Other current liabilities 574.2 535.8
Total Current Liabilities 3,059.8 4,165.9
LONG-TERM DEBT, NET OF CURRENT MATURITIES 2,846.2 1,792.6
NONCURRENT OPERATING LEASE LIABILITIES 260.1 286.5
DEFERRED INCOME TAXES 78.2 95.9
OTHER LIABILITIES 322.3 310.6
COMMITMENTS AND CONTINGENCIES (Note 20)
SHAREHOLDERS' EQUITY:    
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 86,562,149 shares issued at December 31, 2021, and 102,562,149 shares issued at December 31, 2020, including shares held in treasury 0.8 1.0
Additional paid-in capital 3.2 53.1
Retained earnings 4,639.9 4,069.4
Treasury stock, at cost; 23,951,543 and 19,078,620 shares held, respectively (2,266.9) (887.8)
Total Shareholders' Equity 2,377.0 3,235.7
Total Liabilities and Shareholders' Equity $ 8,943.6 $ 9,887.2
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock authorized (in shares) 1,500,000,000 1,500,000,000
Common stock issued (in shares) 86,562,149 102,562,149
Treasury stock (in shares) 23,951,543 19,078,620
Trade [Member]    
CURRENT LIABILITIES:    
Vehicle floorplan payable $ 489.9 $ 1,541.7
Non-Trade [Member]    
CURRENT LIABILITIES:    
Vehicle floorplan payable $ 967.7 $ 1,218.2