XML 37 R23.htm IDEA: XBRL DOCUMENT

Inventory Financing Agreements (Tables)

6 Months Ended

Jun. 30, 2021

Inventory Financing Agreements [Abstract]

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


	June 30, 2021		December 31, 2020
Revolving Loan inventory financing agreement(1)	$	327.7	$	470.1
Other inventory financing agreements	47.5		54.5
Accounts payable-inventory financing	$	375.2	$	524.6

(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.