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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 674.7 $ 533.9
Restricted cash 78.6 174.9
Trade and other receivables, net of allowance for credit losses of $5.5 and $7.2, respectively 697.6 709.4
Prepaid consigned vehicle charges 58.4 67.9
Inventory 120.9 121.5
Other current assets 82.7 77.0
Income taxes receivable 116.3 30.2
Assets held for sale 40.6 0.0
Total current assets 1,869.8 1,714.8
Property, plant and equipment, net 1,461.1 1,275.4
Operating lease right-of-use assets 1,539.6 1,529.1
Other non-current assets 151.8 98.4
Intangible assets, net 2,529.0 2,668.7
Goodwill 4,680.0 4,511.8
Deferred tax assets 8.8 8.8
Total assets 12,240.1 11,807.0
Current liabilities:    
Auction proceeds payable 509.7 378.0
Trade and other liabilities 745.6 782.0
Current operating lease liabilities 124.2 113.3
Income taxes payable 6.0 26.2
Short-term debt 73.6 27.7
Current portion of long-term debt 51.2 4.1
Liabilities held for sale 6.4 0.0
Total current liabilities 1,516.7 1,331.3
Long-term operating lease liabilities 1,447.8 1,431.1
Long-term debt 2,517.4 2,622.1
Other non-current liabilities 171.8 97.4
Deferred tax liabilities 606.5 608.7
Total liabilities 6,260.2 6,090.6
Temporary equity:    
Series A Senior Preferred Shares, no par value; shares authorized, issued and outstanding: 485.0 million 482.0 482.0
Redeemable non-controlling interest 12.6 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: 185.7 million 4,333.9 4,258.5
Retained earnings 1,212.3 1,090.3
Accumulated other comprehensive loss (62.7) (124.8)
Stockholders' equity 5,483.5 5,224.0
Non-controlling interests 1.8 2.3
Total stockholders' equity 5,485.3 5,226.3
Total liabilities, temporary equity and stockholders' equity $ 12,240.1 $ 11,807.0