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Segments (Tables)

3 Months Ended

Mar. 31, 2020

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 March 31,
		2020				2019
Revenues:
Domestic
New vehicle retail		$	470.6			$	492.4
Used vehicle retail		327.7				300.4
Used vehicle wholesale		26.1				29.6
Finance and insurance		45.1				41.8
Service, body and parts		117.2				115.4
Fleet and other		13.7				17.1
		1,000.4				996.7
Import
New vehicle retail		600.3				632.6
Used vehicle retail		354.8				341.3
Used vehicle wholesale		26.1				27.9
Finance and insurance		58.1				54.8
Service, body and parts		124.8				117.7
Fleet and other		11.8				17.3
		1,175.9				1,191.6
Luxury
New vehicle retail		301.0				339.4
Used vehicle retail		191.1				186.3
Used vehicle wholesale		14.2				19.9
Finance and insurance		16.9				16.5
Service, body and parts		83.4				79.1
Fleet and other		11.5				13.7
		618.1				654.9
		2,794.4				2,843.2
Corporate and other		9.4				6.5
		$	2,803.8			$	2,849.7
Segment income1:
Domestic		$	27.8			$	19.8
Import		24.7				30.0
Luxury		1.6				8.0
		54.1				57.8
Corporate and other		46.8				52.5
Depreciation and amortization		(22.0		)		(19.8		)
Other interest expense		(17.0		)		(15.3		)
Other income, net		2.3				2.6
Income before income taxes		$	64.2			$	77.8

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

		March 31, 2020				December 31, 2019
Total assets:
Domestic		$	1,369.9			$	1,467.6
Import		1,332.4				1,306.5
Luxury		911.8				945.2
Corporate and other		2,400.0				2,364.6
		$	6,014.1			$	6,083.9

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
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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.

+ References

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