XML 62 R51.htm IDEA: XBRL DOCUMENT v3.23.2
Business Combinations (Narrative) (Details)
£ in Millions
 3 Months Ended 6 Months Ended
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 (£)
Jun. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Business Acquisition [Line Items]                        
Gain on remeasurements of investment upon acquisition                   $ 1,400,000    
Operating lease right-of-use assets             $ 1,411,300,000 $ 1,411,300,000   1,411,300,000   $ 123,000,000.0
Property, plant and equipment             1,137,900,000 1,137,900,000   1,137,900,000   459,100,000
Intangible assets             2,734,600,000 2,734,600,000   2,734,600,000   322,700,000
Deferred tax liabilities             668,600,000 668,600,000   668,600,000   54,000,000.0
Goodwill             4,705,200,000 4,705,200,000   4,705,200,000   $ 948,800,000
Depreciation             25,500,000   $ 7,900,000 37,000,000.0 $ 15,600,000  
Amortization             84,100,000   $ 16,400,000 $ 108,800,000 32,900,000  
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             560,400,000 640,400,000        
Acquiree's net income             $ 74,000,000.0 $ 76,900,000        
Acquisition-related costs                     218,700,000  
Pre-acquisition transaction costs                     $ 60,000,000.0  
Equity award exchange ratio 0.763139                      
Goodwill $ 3,716,800,000                      
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                  
Goodwill     $ 25,200,000                  
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%