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v3.23.1

Business Combinations (Narrative) (Details) £ in Millions |  |  |  |  |  |  | 3 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2023 USD ($) | Mar. 20, 2023 USD ($) | Jan. 22, 2023 USD ($) shares | Jan. 03, 2023 USD ($) shares | May 04, 2022 | Aug. 09, 2021 USD ($) | Aug. 09, 2021 GBP (£) | Mar. 31, 2023 USD ($)
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Gain on remeasurements of investment upon acquisition |  |  |  |  |  |  |  | $ 1,400,000
IAA |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Total purchase price |  | $ 6,646,200,000 |  |  |  |  |  |
Cash consideration per share |  |  | $ 12.80 |  |  |  |  |
Shares issued per share | shares |  |  | 0.5252 |  |  |  |  |
Cash consideration |  | $ 1,714,200,000 | $ 1,700,000,000 |  |  |  |  |
Common stock consideration (in shares) | shares |  |  | 70,300,000 |  |  |  |  |
Assumption of net debt |  |  | $ 1,200,000,000 |  |  |  |  |
Fair value measurement period of certain assets and liabilities, maximum |  | 1 year |  |  |  |  |  |
Acquiree's revenue | $ 80,000,000.0 |  |  |  |  |  |  |
Acquiree's net income | $ 2,900,000 |  |  |  |  |  |  |
Acquisition-related costs |  |  |  |  |  |  |  | 201,200,000
Pre-acquisition transaction costs |  |  |  |  |  |  |  | $ 50,500,000
Equity award exchange ratio |  | 0.763139 |  |  |  |  |  |
VeriTread |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Number of shares acquired | shares |  |  |  | 1,056,338 |  |  |  |
Total purchase price |  |  |  | $ 32,400,000 |  |  |  |
Cash consideration |  |  |  | 28,100,000 |  |  |  |
Cash consideration for additional interest investment |  |  |  | $ 3,000,000.0 |  |  |  |
Voting equity interests owned including previous interest, percentage |  |  |  | 75.00% |  |  |  |
Prior holdings of issued and outstanding shares, percent |  |  |  | 11.00% |  |  |  |
Fair value of previously held interest |  |  |  | $ 4,300,000 |  |  |  |
Gain on remeasurements of investment upon acquisition |  |  |  | $ 1,400,000 |  |  |  |
Remaining units ownership interest, percentage |  |  |  | 21.00% |  |  |  |
Non-controlling interest classified as equity, percentage |  |  |  | 4.00% |  |  |  |
Fair value measurement period of certain assets and liabilities, maximum |  |  |  | 1 year |  |  |  |
VeriTread | Existing stockholders |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Number of shares acquired | shares |  |  |  | 8,889,766 |  |  |  |
Cash consideration |  |  |  | $ 25,200,000 |  |  |  |
Euro Auctions Limited |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Cash consideration under the terms of the SPA, to be paid on closing |  |  |  |  |  | $ 1,020,000,000.00 | £ 775.0 |
2021 USD Notes |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Redemption price percentage |  |  |  |  | 100.00% |  |  |
Senior Notes [Member] | IAA |  |  |  |  |  |  |  |
Business Acquisition [Line Items] |  |  |  |  |  |  |  |
Assumption of net debt |  |  | $ 500,000,000.0 |  |  |  |  |
Redemption price percentage |  |  | 102.75% |  |  |  |  |

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- Definition The amount of cash paid per share of common stock owned in a business combination. + References No definition available. + Details
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- Definition Percentage of remaining units ownership interest for which it entered into a put/call agreement with one of the minority unitholders. + References No definition available. + Details
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- Definition Period over which temporary differences and carryforwards acquired at the acquisition date. in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI https://asc.fasb.org/extlink&oid=123586518&loc=d3e1043-128460 + Details
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- Definition This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Fair value at acquisition-date of the equity interest in the acquiree held by the acquirer, immediately before the acquisition date for businesses combined in stages. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g)(1) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition In a business combination achieved in stages, this element represents the amount of net gain (loss) recognized by the entity as a result of remeasuring to fair value the equity interest in the acquiree it held before the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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