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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 160.2 $ 84.0
Accounts receivable, net of allowance for doubtful accounts of $5.9 and $7.3 614.0 505.0
Inventories, net 2,492.9 2,433.7
Other current assets 70.5 47.8
Total current assets 3,337.6 3,070.5
Property and equipment, net of accumulated depreciation of $338.0 and $284.3 2,197.5 1,611.7
Operating lease right-of-use assets 264.0 251.9
Goodwill 593.0 454.6
Franchise value 350.2 306.7
Other non-current assets 1,159.8 388.5
Total assets 7,902.1 6,083.9
Current liabilities:    
Floor plan notes payable 234.2 425.2
Floor plan notes payable: non-trade 1,563.0 1,642.4
Current maturities of long-term debt 66.0 39.3
Trade payables 158.2 125.3
Accrued liabilities 458.3 336.9
Total current liabilities 2,479.7 2,569.1
Long-term debt, less current maturities 2,064.7 1,430.6
Deferred revenue 155.7 137.9
Deferred income taxes 146.3 131.1
Non-current operating lease liabilities 246.7 238.5
Other long-term liabilities 147.5 109.0
Total liabilities 5,240.6 4,616.2
Stockholders’ equity:    
Preferred stock - no par value 0.0 0.0
Additional paid-in capital 41.4 46.0
Accumulated other comprehensive loss (6.3) (0.7)
Retained earnings 1,838.2 1,401.8
Total stockholders’ equity 2,661.5 1,467.7
Total liabilities and stockholders’ equity 7,902.1 6,083.9
Class A    
Stockholders’ equity:    
Common stock: Class A and Class B 788.2 20.5
Class B    
Stockholders’ equity:    
Common stock: Class A and Class B $ 0.0 $ 0.1