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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 578.1 $ 533.9
Restricted cash 143.7 174.9
Trade and other receivables, net of allowance for credit losses of $7.3 and $7.2, respectively 770.4 709.4
Prepaid consigned vehicle charges 61.3 67.9
Inventory 132.7 121.5
Other current assets 77.0 77.0
Income taxes receivable 19.4 30.2
Total current assets 1,782.6 1,714.8
Property, plant and equipment, net 1,318.9 1,275.4
Operating lease right-of-use assets 1,509.1 1,529.1
Other non-current assets 141.0 98.4
Intangible assets, net 2,611.0 2,668.7
Goodwill 4,515.2 4,511.8
Deferred tax assets 9.5 8.8
Total assets 11,887.3 11,807.0
Current liabilities:    
Auction proceeds payable 556.3 378.0
Trade and other liabilities 619.0 782.0
Current operating lease liabilities 113.2 113.3
Income taxes payable 7.7 26.2
Short-term debt 62.8 27.7
Current portion of long-term debt 4.1 4.1
Total current liabilities 1,363.1 1,331.3
Long-term operating lease liabilities 1,417.7 1,431.1
Long-term debt 2,622.6 2,622.1
Other non-current liabilities 103.5 97.4
Deferred tax liabilities 604.5 608.7
Total liabilities 6,111.4 6,090.6
Temporary equity:    
Series A Senior Preferred Shares; shares authorized, issued and outstanding: 485,000,000 482.0 482.0
Redeemable non-controlling interest 8.0 8.1
Stockholders' equity:    
Senior preferred and junior preferred stock; unlimited shares authorized; shares issued and outstanding, other than Series A Senior Preferred Shares: nil 0.0 0.0
Common stock and additional paid-in capital, no par value; unlimited shares authorized; shares issued and outstanding: 185,148,007 4,256.6 4,258.5
Retained earnings 1,141.3 1,090.3
Accumulated other comprehensive loss (114.4) (124.8)
Stockholders' equity 5,283.5 5,224.0
Non-controlling interests 2.4 2.3
Total stockholders' equity 5,285.9 5,226.3
Total liabilities, temporary equity and stockholders' equity $ 11,887.3 $ 11,807.0