XML 33 R20.htm IDEA: XBRL DOCUMENT

Inventory Financing Agreements (Tables)

6 Months Ended

Jun. 30, 2020

Inventory Financing Agreements [Abstract]

Amounts included in Accounts payable-inventory financing are as follows:



	June 30, 2020		December 31, 2019
Revolving Loan inventory financing agreement⁽¹⁾	$	444.8	$	379.1
Other inventory financing agreements	34.3		50.8
Accounts payable-inventory financing	$	479.1	$	429.9

(1)

The senior secured asset-based revolving credit facility includes an inventory floorplan sub-facility that enables the Company to maintain an inventory financing agreement with a financial intermediary to facilitate the purchase of inventory from certain vendors on more favorable terms than offered directly by the vendors.