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Segments (Tables)

9 Months Ended

Sep. 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 September 30,								Nine Months Ended September 30,
		2019				2018				2019				2018
Revenues:
Domestic
New vehicle		$	613.0			$	600.1			$	1,682.7			$	1,711.2
Used vehicle retail		328.1				288.2				949.6				836.5
Used vehicle wholesale		30.3				37.0				89.5				104.5
Finance and insurance		48.1				42.5				137.2				125.6
Service, body and parts		122.8				114.7				359.2				335.4
Fleet and other		15.5				15.3				47.6				50.4
		1,157.8				1,097.8				3,265.8				3,163.6
Import
New vehicle		824.8				787.8				2,198.1				2,227.4
Used vehicle retail		380.9				334.6				1,085.7				977.9
Used vehicle wholesale		28.4				35.2				85.3				94.3
Finance and insurance		65.2				60.5				180.9				167.1
Service, body and parts		129.2				114.8				374.2				340.8
Fleet and other		9.2				3.5				38.1				22.0
		1,437.7				1,336.4				3,962.3				3,829.5
Luxury
New vehicle		387.0				347.6				1,110.2				988.0
Used vehicle retail		206.7				182.5				596.0				510.3
Used vehicle wholesale		16.4				19.9				59.0				54.4
Finance and insurance		19.2				16.4				54.1				44.6
Service, body and parts		84.9				76.9				248.0				218.6
Fleet and other		15.2				9.6				81.7				31.0
		729.4				652.9				2,149.0				1,846.9
		3,324.9				3,087.1				9,377.1				8,840.0
Corporate and other		7.5				4.9				26.7				8.2
		$	3,332.4			$	3,092.0			$	9,403.8			$	8,848.2
Segment income1:
Domestic		$	37.9			$	25.3			$	94.1			$	79.5
Import		48.3				37.4				117.8				90.6
Luxury		13.0				11.7				36.5				30.5
		99.2				74.4				248.4				200.6
Corporate and other		50.6				66.8				129.3				149.5
Depreciation and amortization		(20.9		)		(19.6		)		(60.9		)		(55.3		)
Other interest expense		(14.8		)		(15.0		)		(45.0		)		(40.7		)
Other income, net		3.3				2.4				8.9				5.4
Income before income taxes		$	117.4			$	109.0			$	280.7			$	259.5

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

		September 30, 2019				December 31, 2018
Total assets:
Domestic		$	1,460.1			$	1,488.0
Import		1,318.5				1,224.2
Luxury		865.7				934.6
Corporate and other		2,093.2				1,737.2
		$	5,737.5			$	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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-Topic 280
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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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