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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 318.8 $ 367.8
Trade receivables, net 254.1 306.4
Inventories, net 1,952.8 1,810.5
Prepaid expenses and other 195.8 198.0
Income taxes receivable 11.1 9.0
Total current assets 2,732.6 2,691.7
Property and equipment, net 1,214.9 1,201.5
Investment in finance affiliate 139.6 141.1
Deferred tax assets 300.0 295.9
Goodwill and other intangible assets, net 899.7 906.4
Operating lease assets 143.8 143.9
Other long-term assets 136.8 135.8
Total assets 5,567.4 5,516.3
Current liabilities:    
Current financing obligations 54.0 54.0
Accounts payable 779.0 713.1
Accrued expenses 988.1 1,123.6
Other current liabilities 39.5 43.1
Total current liabilities 1,860.6 1,933.8
Total long-term financing obligations 2,014.2 1,854.4
Other long-term liabilities 300.8 297.0
Total liabilities 4,175.6 4,085.2
Deferred compensation 11.2 10.3
Shareholders’ equity:    
Preferred stock $0.01 par value per share, 20.0 shares authorized, no shares issued and outstanding $ 0.0 $ 0.0
Common stock, shares outstanding (in shares) 56,500,000 56,500,000
Common stock, shares issued (in shares) 56,500,000 56,500,000
Common stock, shares authorized (in shares) 160,000,000.0 160,000,000.0
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock $0.01 par value per share, 160.0 shares authorized, 56.5 shares issued and outstanding as of March 31, 2024 and December 31, 2023 $ 0.6 $ 0.6
Additional paid-in capital 1,243.8 1,231.8
Retained earnings 197.3 243.5
Accumulated other comprehensive loss, net (63.6) (57.5)
Total shareholders’ equity 1,378.1 1,418.4
Noncontrolling interest 2.5 2.4
Total equity 1,380.6 1,420.8
Total liabilities and equity $ 5,567.4 $ 5,516.3
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares issued (in shares) 0 0