XML 45 R27.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segments | 12 Months Ended
--- | ---
Dec. 31, 2021
Segment Reporting [Abstract] |
Segments | Segments 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 |
|  | 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 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -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 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -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 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration