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Segments (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Certain Information on a Segment Basis

Certain financial information on a segment basis is as follows (in millions):

		Three Months Ended June 30,								Six Months Ended June 30,
		2019				2018				2019				2018
Revenues:
Domestic
New vehicle		$	577.3			$	597.6			$	1,069.7			$	1,111.1
Used vehicle retail		321.0				283.4				621.5				548.3
Used vehicle wholesale		29.6				33.9				59.2				67.5
Finance and insurance		47.3				43.1				89.1				83.1
Service, body and parts		121.0				113.5				236.4				220.6
Fleet and other		15.1				23.6				32.1				35.1
		1,111.3				1,095.1				2,108.0				2,065.7
Import
New vehicle		740.8				772.0				1,373.4				1,439.6
Used vehicle retail		363.5				335.6				704.8				643.3
Used vehicle wholesale		29.0				31.0				56.9				59.2
Finance and insurance		60.8				54.8				115.6				106.6
Service, body and parts		127.3				116.4				245.0				226.0
Fleet and other		11.6				12.9				28.9				18.5
		1,333.0				1,322.7				2,524.6				2,493.2
Luxury
New vehicle		383.7				361.9				723.2				640.4
Used vehicle retail		203.1				184.9				389.4				327.8
Used vehicle wholesale		22.8				20.3				42.6				34.5
Finance and insurance		18.4				15.9				34.9				28.2
Service, body and parts		83.9				76.9				163.0				141.7
Fleet and other		52.7				17.6				66.5				21.4
		764.6				677.5				1,419.6				1,194.0
		3,208.9				3,095.3				6,052.2				5,752.9
Corporate and other		12.8				1.2				19.2				3.3
		$	3,221.7			$	3,096.5			$	6,071.4			$	5,756.2
Segment income1:
Domestic		$	36.5			$	28.6			$	56.3			$	54.2
Import		39.5				30.2				69.5				53.3
Luxury		15.5				11.9				23.4				18.8
		91.5				70.7				149.2				126.3
Corporate and other		26.2				41.1				78.7				82.5
Depreciation and amortization		(20.2		)		(18.8		)		(40.0		)		(35.7		)
Other interest expense		(15.0		)		(13.8		)		(30.2		)		(25.6		)
Other income, net		3.0				1.6				5.6				3.0
Income before income taxes		$	85.5			$	80.8			$	163.3			$	150.5

¹Segment income for each of the segments is defined as income before income taxes, depreciation and amortization, other interest expense and other income, net.

Reconciliation of Assets from Segment to Consolidated

		June 30, 2019				December 31, 2018
Total assets:
Domestic		$	1,478.7			$	1,488.0
Import		1,347.5				1,224.2
Luxury		907.9				934.6
Corporate and other		2,040.5				1,737.2
		$	5,774.6			$	5,384.0

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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