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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 45.0 $ 31.6
Accounts receivable, net of allowance for doubtful accounts of $6.9 and $7.2 491.0 529.4
Inventories, net 2,441.0 2,365.3
Other current assets 50.9 65.1
Total Current Assets 3,027.9 2,991.4
Property and equipment, net of accumulated depreciation of $250.0 and $240.5 1,454.4 1,448.0
Operating lease right-of-use assets 250.0 0.0
Goodwill 456.8 434.9
Franchise value 308.1 288.7
Other non-current assets 194.8 221.0
Total Assets 5,692.0 5,384.0
Current Liabilities:    
Floor plan notes payable 359.0 324.4
Floor plan notes payable: non-trade 1,767.2 1,733.3
Current maturities of long-term debt 24.6 25.9
Trade payables 119.3 126.3
Accrued liabilities 315.1 283.6
Total Current Liabilities 2,585.2 2,493.5
Long-term debt, less current maturities 1,295.7 1,358.2
Deferred revenue 124.4 121.7
Deferred income taxes 96.4 91.2
Noncurrent operating lease liabilities 235.2 0.0
Other long-term liabilities 104.6 122.2
Total Liabilities 4,441.5 4,186.8
Stockholders' Equity:    
Preferred stock - no par value; authorized 15.0 shares; none outstanding 0.0 0.0
Additional paid-in capital 28.0 35.0
Retained earnings 1,212.7 1,162.1
Total Stockholders' Equity 1,250.5 1,197.2
Total Liabilities and Stockholders' Equity 5,692.0 5,384.0
Class A common stock    
Stockholders' Equity:    
Common stock - Class A and Class B 9.7 0.0
Class B common stock    
Stockholders' Equity:    
Common stock - Class A and Class B $ 0.1 $ 0.1