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Segments (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Certain Information on a Segment Basis | Certain financial information on a segment basis is as follows:
|  | Year Ended December 31,
(Dollars in millions) |  | 2021 |  | 2020 |  | 2019
Revenues: |  |  |  |  |  |
Domestic |  | $ | 6,975.3 |  |  | $ | 4,503.0 |  |  | $ | 4,382.4 |
Import |  | 9,690.8 |  |  | 5,448.8 |  |  | 5,267.8 |
Luxury |  | 6,114.8 |  |  | 3,152.0 |  |  | 2,991.9 |
|  | 22,780.9 |  |  | 13,103.8 |  |  | 12,642.1 |
Corporate and other |  | 50.8 |  |  | 20.5 |  |  | 30.6 |
|  | $ | 22,831.7 |  |  | $ | 13,124.3 |  |  | $ | 12,672.7 |
Segment income*: |  |  |  |  |  |
Domestic |  | $ | 466.4 |  |  | $ | 230.0 |  |  | $ | 123.4 |
Import |  | 813.4 |  |  | 249.8 |  |  | 153.9 |
Luxury |  | 384.6 |  |  | 98.5 |  |  | 57.1 |
Total segment income for reportable segments |  | $ | 1,664.4 |  |  | $ | 578.3 |  |  | $ | 334.4 |
*Segment income for each of the segments is a Non-GAAP measure defined as Income from operations before income taxes, depreciation and amortization, other interest expense and other income, net.
|  | Year Ended December 31,
(Dollars in millions) |  | 2021 |  | 2020 |  | 2019
Total segment income for reportable segments |  | $ | 1,664.4 |  |  | $ | 578.3 |  |  | $ | 334.4 |
Corporate and other |  | 108.5 |  |  | 176.7 |  |  | 170.2 |
Depreciation and amortization |  | (127.3) |  |  | (92.3) |  |  | (82.4) |
Other interest expense |  | (108.2) |  |  | (73.1) |  |  | (60.6) |
Other (expense) income, net |  | (52.6) |  |  | 58.9 |  |  | 13.8 |
Income before income taxes |  | $ | 1,484.8 |  |  | $ | 648.5 |  |  | $ | 375.4 |
|  | Year Ended December 31,
(Dollars in millions) |  | 2021 |  | 2020 |  | 2019
Floor plan interest expense: |  |  |  |  |  |
Domestic |  | $ | 24.7 |  |  | $ | 30.9 |  |  | $ | 53.6 |
Import |  | 30.3 |  |  | 31.6 |  |  | 44.1 |
Luxury |  | 21.7 |  |  | 22.2 |  |  | 30.2 |
|  | 76.7 |  |  | 84.7 |  |  | 127.9 |
Corporate and other |  | (54.4) |  |  | (50.3) |  |  | (55.1) |
|  | $ | 22.3 |  |  | $ | 34.4 |  |  | $ | 72.8 |
Schedule of Reconciliation of Assets from Segment to Consolidated |
|  | December 31, |  |
(Dollars in millions) |  | 2021 |  | 2020 |  |
Total assets: |  |  |  |  |  |
Domestic |  | $ | 1,574.7 |  |  | $ | 1,262.4 |  |  |
Import |  | 1,858.1 |  |  | 1,654.7 |  |  |
Luxury |  | 1,407.1 |  |  | 1,132.4 |  |  |
Corporate and other |  | 6,307.0 |  |  | 3,852.6 |  |  |
|  | $ | 11,146.9 |  |  | $ | 7,902.1 |  |  |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 + Details
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- Definition 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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